2023 KHR to UGX Historical Review

YEARLY HIGH

0.9351 UGX

YEARLY LOW

0.8710 UGX

YEARLY AVERAGE

0.9064 UGX

2023 KHR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.9351. Conversely, the yearly low was recorded on August 3, dropping to 0.8710.

This high-to-low spread represents a total annual volatility of 0.0640 UGX. From a start-to-finish perspective, comparing the January average rate of 0.8973 to the December average rate of 0.9199, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9351 was down 1.23% compared to the 2022 peak of 0.9467, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,675 UGX

2022 Average 4,512 UGX

Yearly Trough Low 4,355 UGX

Transaction Impact: A difference of 320.20 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9265

0.8844

JanuMarcMayJulySeptNove

KHR 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 0.9079, compared to 0.9048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.9079

H2 Avg (Jul–Dec) 0.9048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0323 UGX (High: 0.9033 / Low: 0.8710). On the other end, October was the most stable month, with a tight range of 0.0092 UGX (High: 0.9149 / Low: 0.9058).

August Spread (Volatile) ±0.0323

October Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0154 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9230) against the same month in 2022 (average: 0.8861), the exchange rate shifted by +0.0368 (+4.15%).

2023 Avg (March) 0.9230

2022 Avg (March) 0.8861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9064	0.8890	0.8973
February	0.9210	0.8939	0.9025
March	0.9351	0.9138	0.9230
April	0.9329	0.9055	0.9209
May	0.9179	0.9011	0.9055
June	0.9103	0.8874	0.8985
July	0.8956	0.8749	0.8879
August	0.9033	0.8710	0.8892
September	0.9153	0.8914	0.9052
October	0.9149	0.9058	0.9087
November	0.9277	0.9101	0.9180
December	0.9256	0.9148	0.9199