YEARLY HIGH
2.6609 UGX
YEARLY LOW
2.3930 UGX
YEARLY AVERAGE
2.5272 UGX

2022 IQD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 2.6609. Conversely, the yearly low was recorded on February 3, dropping to 2.3930.

This high-to-low spread represents a total annual volatility of 0.2679 UGX. From a start-to-finish perspective, comparing the January average rate of 2.4182 to the December average rate of 2.5251, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6609 was up 4.66% compared to the 2021 peak of 2.5425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 13,305 UGX
2021 Average 12,282 UGX
Yearly Trough Low 11,965 UGX
Transaction Impact: A difference of 1,339.52 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6474
2.3873
JanuMarcMayJulySeptNove

IQD 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 2.4609, compared to 2.5936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1327 points.

H1 Avg (Jan–Jun) 2.4609
H2 Avg (Jul–Dec) 2.5936

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1735 UGX (High: 2.5878 / Low: 2.4143). On the other end, February was the most stable month, with a tight range of 0.0372 UGX (High: 2.4303 / Low: 2.3930).

May Spread (Volatile) ±0.1735
February Spread (Stable) ±0.0372

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0486 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 2.6257) against the same month in 2021 (average: 2.4241), the exchange rate shifted by +0.2016 (+8.32%).

2022 Avg (August) 2.6257
2021 Avg (August) 2.4241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4411 2.4017 2.4182
February 2.4303 2.3930 2.4090
March 2.4815 2.4182 2.4596
April 2.4504 2.4110 2.4273
May 2.5878 2.4143 2.4851
June 2.6028 2.5283 2.5660
July 2.6581 2.5456 2.5999
August 2.6609 2.5745 2.6257
September 2.6573 2.6071 2.6188
October 2.6429 2.5896 2.6184
November 2.5973 2.5562 2.5737
December 2.5619 2.4916 2.5251