2022 PHP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PHP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PHP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 72.3960. Conversely, the yearly low was recorded on October 23, dropping to 64.0713.
This high-to-low spread represents a total annual volatility of 8.3247 UGX. From a start-to-finish perspective, comparing the January average rate of 68.9008 to the December average rate of 66.3855, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 72.3960 was down 6.45% compared to the 2021 peak of 77.3875, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PHP 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 68.9273, compared to 66.6026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3246 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 4.8323 UGX (High: 71.9479 / Low: 67.1156). On the other end, January was the most stable month, with a tight range of 1.1470 UGX (High: 69.5240 / Low: 68.3769).
Growth Streaks & Declines
TrendsBetween April and June, 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 2.4125 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 69.7938) against the same month in 2021 (average: 73.4974), the exchange rate shifted by -3.7036 (-5.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.5240 | 68.3769 | 68.9008 |
| February | 69.1693 | 67.7942 | 68.5306 |
| March | 69.6927 | 68.2095 | 68.8984 |
| April | 69.5041 | 67.1155 | 68.1639 |
| May | 71.9479 | 67.1156 | 69.2761 |
| June | 72.3960 | 68.2466 | 69.7938 |
| July | 70.1273 | 66.8442 | 67.8701 |
| August | 70.2058 | 67.2154 | 68.6767 |
| September | 67.2314 | 64.8109 | 66.2642 |
| October | 65.5706 | 64.0713 | 65.0488 |
| November | 66.3744 | 64.0881 | 65.3706 |
| December | 66.9362 | 65.7576 | 66.3855 |