YEARLY HIGH
61.0568 UGX
YEARLY LOW
54.6631 UGX
YEARLY AVERAGE
57.7640 UGX

2022 MZN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 61.0568. Conversely, the yearly low was recorded on February 3, dropping to 54.6631.

This high-to-low spread represents a total annual volatility of 6.3937 UGX. From a start-to-finish perspective, comparing the January average rate of 55.2731 to the December average rate of 57.7202, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 61.0568 was down 6.35% compared to the 2021 peak of 65.1987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 305,284 UGX
2021 Average 275,164 UGX
Yearly Trough Low 273,316 UGX
Transaction Impact: A difference of 31,968.45 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

60.5441
54.5729
JanuMarcMayJulySeptNove

MZN 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 56.2725, compared to 59.2555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9830 points.

H1 Avg (Jan–Jun) 56.2725
H2 Avg (Jul–Dec) 59.2555

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 3.8968 UGX (High: 59.1029 / Low: 55.2061). On the other end, January was the most stable month, with a tight range of 0.6388 UGX (High: 55.5390 / Low: 54.9002).

May Spread (Volatile) ±3.8968
January Spread (Stable) ±0.6388

Growth Streaks & Declines

Trends

Between April and August, 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 1.0571 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 60.0465) against the same month in 2021 (average: 55.5535), the exchange rate shifted by +4.4930 (+8.09%).

2022 Avg (August) 60.0465
2021 Avg (August) 55.5535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.5390 54.9002 55.2731
February 55.5944 54.6631 55.0705
March 56.7412 55.2861 56.2645
April 56.0931 55.1014 55.5362
May 59.1029 55.2061 56.8196
June 59.4809 58.1612 58.6711
July 60.7200 58.1733 59.3798
August 61.0568 58.8569 60.0465
September 60.7693 58.9207 59.7888
October 60.2962 59.0791 59.8202
November 59.2909 58.4499 58.7773
December 58.5115 56.9491 57.7202