YEARLY HIGH
0.0921 UGX
YEARLY LOW
0.0826 UGX
YEARLY AVERAGE
0.0873 UGX

2022 IRR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0921. Conversely, the yearly low was recorded on February 3, dropping to 0.0826.

This high-to-low spread represents a total annual volatility of 0.0095 UGX. From a start-to-finish perspective, comparing the January average rate of 0.0835 to the December average rate of 0.0884, the exchange rate registered a net change of 5.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0921 was up 4.27% compared to the 2021 peak of 0.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 460 UGX
2021 Average 425 UGX
Yearly Trough Low 413 UGX
Transaction Impact: A difference of 47.49 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0913
0.0825
JanuMarcMayJulySeptNove

IRR 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 0.0850, compared to 0.0896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0850
H2 Avg (Jul–Dec) 0.0896

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0060 UGX (High: 0.0893 / Low: 0.0833). On the other end, January was the most stable month, with a tight range of 0.0010 UGX (High: 0.0839 / Low: 0.0829).

May Spread (Volatile) ±0.0060
January Spread (Stable) ±0.0010

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 October and November, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.0906) against the same month in 2021 (average: 0.0839), the exchange rate shifted by +0.0067 (+8.00%).

2022 Avg (August) 0.0906
2021 Avg (August) 0.0839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0839 0.0829 0.0835
February 0.0841 0.0826 0.0832
March 0.0857 0.0836 0.0850
April 0.0846 0.0831 0.0838
May 0.0893 0.0833 0.0857
June 0.0896 0.0878 0.0885
July 0.0917 0.0877 0.0895
August 0.0921 0.0888 0.0906
September 0.0917 0.0888 0.0902
October 0.0910 0.0891 0.0902
November 0.0895 0.0880 0.0886
December 0.0894 0.0872 0.0884