2023 IDR to UGX Historical Review

YEARLY HIGH

0.2558 UGX

YEARLY LOW

0.2359 UGX

YEARLY AVERAGE

0.2444 UGX

2023 IDR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.2558. Conversely, the yearly low was recorded on October 23, dropping to 0.2359.

This high-to-low spread represents a total annual volatility of 0.0200 UGX. From a start-to-finish perspective, comparing the January average rate of 0.2422 to the December average rate of 0.2443, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2558 was down 2.31% compared to the 2022 peak of 0.2619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,558,425 UGX

2022 Average 2,485,660 UGX

Yearly Trough Low 2,358,920 UGX

Transaction Impact: A difference of 199,505.33 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2530

0.2368

JanuMarcMayJulySeptNove

IDR 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 0.2467, compared to 0.2421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2467

H2 Avg (Jul–Dec) 0.2421

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0135 UGX (High: 0.2520 / Low: 0.2385). On the other end, September was the most stable month, with a tight range of 0.0032 UGX (High: 0.2445 / Low: 0.2413).

March Spread (Volatile) ±0.0135

September Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2517) against the same month in 2022 (average: 0.2463), the exchange rate shifted by +0.0054 (+2.18%).

2023 Avg (April) 0.2517

2022 Avg (April) 0.2463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2467	0.2377	0.2422
February	0.2474	0.2405	0.2431
March	0.2520	0.2385	0.2443
April	0.2558	0.2492	0.2517
May	0.2540	0.2484	0.2510
June	0.2519	0.2431	0.2479
July	0.2458	0.2385	0.2431
August	0.2448	0.2362	0.2411
September	0.2445	0.2413	0.2432
October	0.2439	0.2359	0.2381
November	0.2477	0.2378	0.2425
December	0.2468	0.2409	0.2443