2022 MXN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MXN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MXN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 195.5967. Conversely, the yearly low was recorded on January 30, dropping to 168.2486.
This high-to-low spread represents a total annual volatility of 27.3481 UGX. From a start-to-finish perspective, comparing the January average rate of 172.1419 to the December average rate of 188.2532, the exchange rate registered a net change of 9.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 195.5967 was up 3.69% compared to the 2021 peak of 188.6374, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MXN 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 177.4132, compared to 189.7402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3270 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 18.4132 UGX (High: 192.1987 / Low: 173.7854). On the other end, October was the most stable month, with a tight range of 3.0819 UGX (High: 192.3024 / Low: 189.2205).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.7537 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 193.0069) against the same month in 2021 (average: 170.2445), the exchange rate shifted by +22.7624 (+13.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 174.0443 | 168.2486 | 172.1419 |
| February | 173.4818 | 169.5291 | 171.7764 |
| March | 180.7711 | 168.6044 | 174.8909 |
| April | 180.3441 | 173.4498 | 176.6778 |
| May | 192.1987 | 173.7854 | 181.3693 |
| June | 192.6772 | 182.4195 | 187.6231 |
| July | 191.0991 | 180.8825 | 184.9552 |
| August | 193.0639 | 186.2373 | 190.4921 |
| September | 192.3368 | 187.8958 | 190.5133 |
| October | 192.3024 | 189.2205 | 191.2205 |
| November | 195.5967 | 191.1754 | 193.0069 |
| December | 195.3103 | 184.4698 | 188.2532 |