YEARLY HIGH
29.7532 UGX
YEARLY LOW
25.3341 UGX
YEARLY AVERAGE
27.3115 UGX

2022 ISK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 29.7532. Conversely, the yearly low was recorded on December 22, dropping to 25.3341.

This high-to-low spread represents a total annual volatility of 4.4191 UGX. From a start-to-finish perspective, comparing the January average rate of 27.3597 to the December average rate of 25.9126, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 29.7532 was up 0.57% compared to the 2021 peak of 29.5849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,766 UGX
2021 Average 141,277 UGX
Yearly Trough Low 126,671 UGX
Transaction Impact: A difference of 22,095.26 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

28.8710
25.6437
JanuMarcMayJulySeptNove

ISK 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 27.7973, compared to 26.8256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9717 points.

H1 Avg (Jan–Jun) 27.7973
H2 Avg (Jul–Dec) 26.8256

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 2.9930 UGX (High: 29.7532 / Low: 26.7602). On the other end, January was the most stable month, with a tight range of 0.4857 UGX (High: 27.5576 / Low: 27.0719).

May Spread (Volatile) ±2.9930
January Spread (Stable) ±0.4857

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.8035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 27.7112) against the same month in 2021 (average: 28.8227), the exchange rate shifted by -1.1115 (-3.86%).

2022 Avg (May) 27.7112
2021 Avg (May) 28.8227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.5576 27.0719 27.3597
February 28.4248 27.4551 28.1127
March 28.2477 26.8514 27.5690
April 27.8611 27.0436 27.4293
May 29.7532 26.7602 27.7112
June 29.5577 28.0944 28.6021
July 28.5414 27.1395 27.7986
August 28.7040 26.8922 27.6694
September 27.5146 26.5068 26.9592
October 26.9965 26.1813 26.5527
November 26.5643 25.4807 26.0614
December 26.4530 25.3341 25.9126