2022 MDL to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MDL to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MDL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 201.7550. Conversely, the yearly low was recorded on December 19, dropping to 188.9889.
This high-to-low spread represents a total annual volatility of 12.7662 UGX. From a start-to-finish perspective, comparing the January average rate of 196.9378 to the December average rate of 190.8001, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 201.7550 was down 6.74% compared to the 2021 peak of 216.3263, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MDL to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 194.9572, compared to 196.1568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1996 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 8.6064 UGX (High: 198.4190 / Low: 189.8125). On the other end, October was the most stable month, with a tight range of 2.5938 UGX (High: 198.0975 / Low: 195.5037).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.6016 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 199.1679) against the same month in 2021 (average: 200.1871), the exchange rate shifted by -1.0192 (-0.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 199.7295 | 195.1756 | 196.9378 |
| February | 198.1182 | 193.8232 | 196.4712 |
| March | 197.4700 | 193.5329 | 195.7288 |
| April | 195.7971 | 190.3566 | 192.4941 |
| May | 198.4190 | 189.8125 | 192.0045 |
| June | 200.1106 | 193.6526 | 196.1070 |
| July | 201.1183 | 194.4772 | 197.0542 |
| August | 201.7550 | 195.9420 | 199.1679 |
| September | 199.3024 | 194.3688 | 197.1540 |
| October | 198.0975 | 195.5037 | 197.3631 |
| November | 196.7443 | 193.3250 | 195.4017 |
| December | 194.8734 | 188.9889 | 190.8001 |