2023 PLN to UGX Historical Review

YEARLY HIGH

968.4078 UGX

YEARLY LOW

818.8050 UGX

YEARLY AVERAGE

887.8948 UGX

2023 PLN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 968.4078. Conversely, the yearly low was recorded on February 19, dropping to 818.8050.

This high-to-low spread represents a total annual volatility of 149.6028 UGX. From a start-to-finish perspective, comparing the January average rate of 851.7806 to the December average rate of 953.5182, the exchange rate registered a net change of 11.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 968.4078 was up 8.12% compared to the 2022 peak of 895.6448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,368,156 UGX

2022 Average 16,587,030 UGX

Yearly Trough Low 16,376,100 UGX

Transaction Impact: A difference of 2,992,055.49 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

965.6930

819.5949

JanuMarcMayJulySeptNove

PLN 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 868.9479, compared to 906.8417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.8939 points.

H1 Avg (Jan–Jun) 868.9479

H2 Avg (Jul–Dec) 906.8417

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 72.1124 UGX (High: 968.4078 / Low: 896.2954). On the other end, May was the most stable month, with a tight range of 21.4452 UGX (High: 904.1349 / Low: 882.6898).

November Spread (Volatile) ±72.1124

May Spread (Stable) ±21.4452

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 32.7533 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -32.7533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 928.8935) against the same month in 2022 (average: 817.3045), the exchange rate shifted by +111.5890 (+13.65%).

2023 Avg (November) 928.8935

2022 Avg (November) 817.3045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	888.7569	838.5636	851.7806
February	862.8255	818.8050	831.7697
March	882.9317	832.2987	852.9508
April	906.3574	866.0791	884.6709
May	904.1349	882.6898	891.8230
June	918.1436	890.6504	900.6921
July	927.5741	896.7974	910.9769
August	924.2255	885.1879	900.6055
September	898.0446	852.2815	867.8521
October	899.1132	846.0728	879.2043
November	968.4078	896.2954	928.8935
December	967.0773	936.2001	953.5182