YEARLY HIGH
796.1657 UGX
YEARLY LOW
751.3310 UGX
YEARLY AVERAGE
774.2460 UGX

2023 LYD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 796.1657. Conversely, the yearly low was recorded on August 6, dropping to 751.3310.

This high-to-low spread represents a total annual volatility of 44.8347 UGX. From a start-to-finish perspective, comparing the January average rate of 772.1178 to the December average rate of 786.5992, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 796.1657 was down 0.58% compared to the 2022 peak of 800.8220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,980,829 UGX
2022 Average 3,839,656 UGX
Yearly Trough Low 3,756,655 UGX
Transaction Impact: A difference of 224,173.71 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

788.7188
763.2827
JanuMarcMayJulySeptNove

LYD 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 775.6199, compared to 772.8721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7478 points.

H1 Avg (Jan–Jun) 775.6199
H2 Avg (Jul–Dec) 772.8721

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 28.2439 UGX (High: 792.9127 / Low: 764.6689). On the other end, September was the most stable month, with a tight range of 8.1645 UGX (High: 774.3812 / Low: 766.2167).

March Spread (Volatile) ±28.2439
September Spread (Stable) ±8.1645

Growth Streaks & Declines

Trends

Between February and April, 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 9.8267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.8267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 779.6845) against the same month in 2022 (average: 759.6250), the exchange rate shifted by +20.0595 (+2.64%).

2023 Avg (November) 779.6845
2022 Avg (November) 759.6250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 776.2429 765.2837 772.1178
February 778.6499 762.8203 769.0164
March 792.9127 764.6689 777.7037
April 792.4511 781.5259 786.1305
May 785.3188 772.6417 779.2889
June 778.0877 762.4052 769.4622
July 773.9112 757.7805 767.6597
August 777.8887 751.3310 765.4023
September 774.3812 766.2167 770.6117
October 773.5426 760.1135 767.2752
November 796.1657 771.9528 779.6845
December 795.1803 779.8212 786.5992