2022 NAD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NAD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 248.1802. Conversely, the yearly low was recorded on November 6, dropping to 205.5992.
This high-to-low spread represents a total annual volatility of 42.5811 UGX. From a start-to-finish perspective, comparing the January average rate of 227.6765 to the December average rate of 213.8724, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 248.1802 was down 5.51% compared to the 2021 peak of 262.6406, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NAD 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 233.3634, compared to 220.4659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.8975 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 23.8009 UGX (High: 248.1802 / Low: 224.3794). On the other end, February was the most stable month, with a tight range of 8.1454 UGX (High: 233.6462 / Low: 225.5008).
Growth Streaks & Declines
TrendsBetween January and March, 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 11.7891 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 239.3170) against the same month in 2021 (average: 244.4780), the exchange rate shifted by -5.1610 (-2.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 233.5585 | 221.2084 | 227.6765 |
| February | 233.6462 | 225.5008 | 230.7985 |
| March | 248.1802 | 224.3794 | 239.3170 |
| April | 244.1407 | 221.6192 | 236.8577 |
| May | 242.1325 | 220.4878 | 227.8955 |
| June | 244.1738 | 232.2286 | 237.6354 |
| July | 246.8803 | 227.5395 | 235.8584 |
| August | 237.0084 | 223.2171 | 229.6300 |
| September | 224.4371 | 212.8287 | 217.8409 |
| October | 214.7770 | 205.9815 | 211.1180 |
| November | 220.7457 | 205.5992 | 214.4756 |
| December | 220.4530 | 206.5796 | 213.8724 |