YEARLY HIGH
0.2238 UGX
YEARLY LOW
0.1812 UGX
YEARLY AVERAGE
0.2005 UGX

2023 LAK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.2238. Conversely, the yearly low was recorded on October 16, dropping to 0.1812.

This high-to-low spread represents a total annual volatility of 0.0426 UGX. From a start-to-finish perspective, comparing the January average rate of 0.2173 to the December average rate of 0.1831, the exchange rate registered a net change of -15.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2238 was down 29.43% compared to the 2022 peak of 0.3171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,119 UGX
2022 Average 1,320 UGX
Yearly Trough Low 906 UGX
Transaction Impact: A difference of 213.24 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2254
0.1783
JanuMarcMayJulySeptNove

LAK 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 0.2149, compared to 0.1861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.2149
H2 Avg (Jul–Dec) 0.1861

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0180 UGX (High: 0.2115 / Low: 0.1935). On the other end, December was the most stable month, with a tight range of 0.0025 UGX (High: 0.1844 / Low: 0.1819).

June Spread (Volatile) ±0.0180
December Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0107 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2214) against the same month in 2022 (average: 0.3113), the exchange rate shifted by -0.0899 (-28.87%).

2023 Avg (March) 0.2214
2022 Avg (March) 0.3113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2190 0.2148 0.2173
February 0.2209 0.2165 0.2185
March 0.2238 0.2188 0.2214
April 0.2221 0.2154 0.2183
May 0.2158 0.2109 0.2123
June 0.2115 0.1935 0.2016
July 0.1957 0.1873 0.1916
August 0.1938 0.1856 0.1893
September 0.1900 0.1845 0.1877
October 0.1847 0.1812 0.1822
November 0.1846 0.1812 0.1826
December 0.1844 0.1819 0.1831