YEARLY HIGH
1071.1352 UGX
YEARLY LOW
958.9692 UGX
YEARLY AVERAGE
1012.4364 UGX

2022 QAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1071.1352. Conversely, the yearly low was recorded on February 3, dropping to 958.9692.

This high-to-low spread represents a total annual volatility of 112.1660 UGX. From a start-to-finish perspective, comparing the January average rate of 969.2386 to the December average rate of 1011.3918, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1071.1352 was up 4.88% compared to the 2021 peak of 1021.2945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,355,676 UGX
2021 Average 4,921,244 UGX
Yearly Trough Low 4,794,846 UGX
Transaction Impact: A difference of 560,829.83 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1061.8792
956.6536
JanuMarcMayJulySeptNove

QAR 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 986.4921, compared to 1038.3807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.8887 points.

H1 Avg (Jan–Jun) 986.4921
H2 Avg (Jul–Dec) 1038.3807

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 68.5404 UGX (High: 1036.6570 / Low: 968.1165). On the other end, January was the most stable month, with a tight range of 11.0858 UGX (High: 973.9914 / Low: 962.9057).

May Spread (Volatile) ±68.5404
January Spread (Stable) ±11.0858

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 19.2969 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.2969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 1053.1104) against the same month in 2021 (average: 967.1677), the exchange rate shifted by +85.9427 (+8.89%).

2022 Avg (August) 1053.1104
2021 Avg (August) 967.1677

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 973.9914 962.9057 969.2386
February 974.8488 958.9692 965.4224
March 995.1445 969.2148 986.4668
April 983.6705 966.2802 973.7582
May 1036.6570 968.1165 996.1369
June 1043.4891 1018.6720 1027.9294
July 1063.8886 1017.1539 1037.0146
August 1071.1352 1032.1378 1053.1104
September 1066.5092 1034.0647 1049.0194
October 1058.2060 1038.3215 1049.0596
November 1040.1547 1019.3242 1030.6887
December 1026.8835 998.7896 1011.3918