YEARLY HIGH
11.4265 UGX
YEARLY LOW
8.6127 UGX
YEARLY AVERAGE
9.9678 UGX

2022 HUF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HUF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 11.4265. Conversely, the yearly low was recorded on October 12, dropping to 8.6127.

This high-to-low spread represents a total annual volatility of 2.8138 UGX. From a start-to-finish perspective, comparing the January average rate of 11.1284 to the December average rate of 9.5955, the exchange rate registered a net change of -13.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.4265 was down 9.99% compared to the 2021 peak of 12.6947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 11,426,519 UGX
2021 Average 11,840,954 UGX
Yearly Trough Low 8,612,708 UGX
Transaction Impact: A difference of 2,813,810.88 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.3627
8.7911
JanuMarcMayJulySeptNove

HUF to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.4900, compared to 9.4456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0443 points.

H1 Avg (Jan–Jun) 10.4900
H2 Avg (Jul–Dec) 9.4456

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.9624 UGX (High: 10.9216 / Low: 9.9592). On the other end, January was the most stable month, with a tight range of 0.5218 UGX (High: 11.4265 / Low: 10.9047).

March Spread (Volatile) ±0.9624
January Spread (Stable) ±0.5218

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6594 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 11.1284) against the same month in 2021 (average: 12.5001), the exchange rate shifted by -1.3717 (-10.97%).

2022 Avg (January) 11.1284
2021 Avg (January) 12.5001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4265 10.9047 11.1284
February 11.4085 10.6784 11.1484
March 10.9216 9.9592 10.4890
April 10.7725 9.8482 10.2355
May 10.2585 9.7006 9.9577
June 10.3505 9.7299 9.9805
July 9.8525 9.2203 9.6018
August 10.0870 9.1822 9.6732
September 9.7083 8.9252 9.3627
October 9.3252 8.6127 9.0054
November 9.6162 9.0830 9.4352
December 9.9639 9.2729 9.5955