YEARLY HIGH
385.1065 UGX
YEARLY LOW
343.3026 UGX
YEARLY AVERAGE
363.7394 UGX

2022 MAD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 385.1065. Conversely, the yearly low was recorded on November 3, dropping to 343.3026.

This high-to-low spread represents a total annual volatility of 41.8038 UGX. From a start-to-finish perspective, comparing the January average rate of 379.8782 to the December average rate of 350.6092, the exchange rate registered a net change of -7.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 385.1065 was down 8.32% compared to the 2021 peak of 420.0473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,925,532 UGX
2021 Average 1,995,135 UGX
Yearly Trough Low 1,716,513 UGX
Transaction Impact: A difference of 209,019.24 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

383.0393
345.1066
JanuMarcMayJulySeptNove

MAD 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 370.4152, compared to 357.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3517 points.

H1 Avg (Jan–Jun) 370.4152
H2 Avg (Jul–Dec) 357.0635

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 28.5262 UGX (High: 382.2677 / Low: 353.7415). On the other end, October was the most stable month, with a tight range of 6.2340 UGX (High: 351.7692 / Low: 345.5352).

May Spread (Volatile) ±28.5262
October Spread (Stable) ±6.2340

Growth Streaks & Declines

Trends

Between April and June, 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 12.8196 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.8196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 375.1865) against the same month in 2021 (average: 399.3380), the exchange rate shifted by -24.1515 (-6.05%).

2022 Avg (June) 375.1865
2021 Avg (June) 399.3380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 383.7296 371.6002 379.8782
February 379.2581 370.2808 374.4666
March 372.8642 360.9815 369.0664
April 368.2806 354.8944 361.1261
May 382.2677 353.7415 362.7674
June 385.1065 369.4817 375.1865
July 377.0327 360.5258 370.5998
August 377.9170 359.0976 368.4713
September 360.6905 349.6308 355.6517
October 351.7692 345.5352 348.7815
November 351.2984 343.3026 348.2677
December 356.9137 346.1855 350.6092