YEARLY HIGH
3.0461 UGX
YEARLY LOW
2.6272 UGX
YEARLY AVERAGE
2.8616 UGX

2022 KRW to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KRW to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 3.0461. Conversely, the yearly low was recorded on October 24, dropping to 2.6272.

This high-to-low spread represents a total annual volatility of 0.4188 UGX. From a start-to-finish perspective, comparing the January average rate of 2.9508 to the December average rate of 2.8497, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0461 was down 10.46% compared to the 2021 peak of 3.4019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,230,272 UGX
2021 Average 15,678,836 UGX
Yearly Trough Low 13,136,127 UGX
Transaction Impact: A difference of 2,094,145.07 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.9783
2.6483
JanuMarcMayJulySeptNove

KRW 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 2.9153, compared to 2.8079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1074 points.

H1 Avg (Jan–Jun) 2.9153
H2 Avg (Jul–Dec) 2.8079

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2491 UGX (High: 3.0395 / Low: 2.7904). On the other end, February was the most stable month, with a tight range of 0.0469 UGX (High: 2.9550 / Low: 2.9081).

May Spread (Volatile) ±0.2491
February Spread (Stable) ±0.0469

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.1619 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 2.9322) against the same month in 2021 (average: 3.1531), the exchange rate shifted by -0.2209 (-7.01%).

2022 Avg (June) 2.9322
2021 Avg (June) 3.1531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9824 2.8974 2.9508
February 2.9550 2.9081 2.9348
March 2.9710 2.8931 2.9415
April 2.9362 2.7885 2.8689
May 3.0395 2.7904 2.8637
June 3.0461 2.8851 2.9322
July 2.9925 2.8378 2.9026
August 2.9914 2.8237 2.9031
September 2.8067 2.6752 2.7412
October 2.7145 2.6272 2.6758
November 2.8658 2.6500 2.7750
December 2.9481 2.7964 2.8497