YEARLY HIGH
5500.7098 UGX
YEARLY LOW
4923.9979 UGX
YEARLY AVERAGE
5202.6771 UGX

2022 JOD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 5500.7098. Conversely, the yearly low was recorded on February 3, dropping to 4923.9979.

This high-to-low spread represents a total annual volatility of 576.7118 UGX. From a start-to-finish perspective, comparing the January average rate of 4977.1942 to the December average rate of 5198.4335, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 5500.7098 was up 4.88% compared to the 2021 peak of 5244.7578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,503,549 UGX
2021 Average 25,294,663 UGX
Yearly Trough Low 24,619,990 UGX
Transaction Impact: A difference of 2,883,559.10 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5454.4993
4913.5530
JanuMarcMayJulySeptNove

JOD 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 5067.5397, compared to 5337.8146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 270.2749 points.

H1 Avg (Jan–Jun) 5067.5397
H2 Avg (Jul–Dec) 5337.8146

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 355.9305 UGX (High: 5327.5980 / Low: 4971.6675). On the other end, January was the most stable month, with a tight range of 58.3424 UGX (High: 5001.8376 / Low: 4943.4951).

May Spread (Volatile) ±355.9305
January Spread (Stable) ±58.3424

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 95.8759 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -95.8759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 5409.4205) against the same month in 2021 (average: 4989.9370), the exchange rate shifted by +419.4835 (+8.41%).

2022 Avg (August) 5409.4205
2021 Avg (August) 4989.9370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5001.8376 4943.4951 4977.1942
February 5006.2403 4923.9979 4958.6318
March 5110.4672 4977.3075 5066.3788
April 5051.5435 4960.4460 5000.9208
May 5327.5980 4971.6675 5116.7716
June 5349.6813 5241.8894 5285.3410
July 5470.3668 5239.2134 5347.8569
August 5500.7098 5300.4424 5409.4205
September 5476.9536 5310.3378 5387.4936
October 5428.9532 5320.4506 5389.3735
November 5341.6124 5263.7910 5294.3094
December 5271.2291 5129.6638 5198.4335