YEARLY HIGH
2513.8117 UGX
YEARLY LOW
2132.2579 UGX
YEARLY AVERAGE
2343.0112 UGX

2022 NZD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 2513.8117. Conversely, the yearly low was recorded on October 15, dropping to 2132.2579.

This high-to-low spread represents a total annual volatility of 381.5538 UGX. From a start-to-finish perspective, comparing the January average rate of 2378.6306 to the December average rate of 2343.1912, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2513.8117 was down 7.90% compared to the 2021 peak of 2729.4613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,569,058 UGX
2021 Average 12,684,447 UGX
Yearly Trough Low 10,661,289 UGX
Transaction Impact: A difference of 1,907,769.05 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2498.8283
2144.2933
JanuMarcMayJulySeptNove

NZD 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 2382.5394, compared to 2303.4831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.0562 points.

H1 Avg (Jan–Jun) 2382.5394
H2 Avg (Jul–Dec) 2303.4831

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 213.0913 UGX (High: 2462.2296 / Low: 2249.1382). On the other end, February was the most stable month, with a tight range of 90.8909 UGX (High: 2401.5407 / Low: 2310.6498).

May Spread (Volatile) ±213.0913
February Spread (Stable) ±90.8909

Growth Streaks & Declines

Trends

Between October and December, 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 130.2212 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -130.2212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2469.2837) against the same month in 2021 (average: 2611.5937), the exchange rate shifted by -142.3100 (-5.45%).

2022 Avg (March) 2469.2837
2021 Avg (March) 2611.5937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2425.9816 2296.0315 2378.6306
February 2401.5407 2310.6498 2346.7205
March 2513.8117 2387.8730 2469.2837
April 2479.3581 2294.7770 2394.0042
May 2462.2296 2249.1382 2324.5967
June 2463.6067 2337.4696 2382.0004
July 2440.3456 2290.2938 2353.0947
August 2476.9526 2319.7762 2399.0576
September 2343.8331 2156.8682 2268.8364
October 2223.3036 2132.2579 2173.8379
November 2363.7223 2184.5346 2282.8809
December 2394.0371 2275.1253 2343.1912