2023 RON to UGX Historical Review

YEARLY HIGH

843.4508 UGX

YEARLY LOW

787.3327 UGX

YEARLY AVERAGE

814.1735 UGX

2023 RON to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 843.4508. Conversely, the yearly low was recorded on October 3, dropping to 787.3327.

This high-to-low spread represents a total annual volatility of 56.1181 UGX. From a start-to-finish perspective, comparing the January average rate of 808.2551 to the December average rate of 830.9135, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 843.4508 was up 2.80% compared to the 2022 peak of 820.4850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,217,254 UGX

2022 Average 3,938,005 UGX

Yearly Trough Low 3,936,663 UGX

Transaction Impact: A difference of 280,590.59 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

834.3773

794.9018

JanuMarcMayJulySeptNove

RON 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 813.8478, compared to 814.4993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6515 points.

H1 Avg (Jan–Jun) 813.8478

H2 Avg (Jul–Dec) 814.4993

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 40.4231 UGX (High: 834.1422 / Low: 793.7191). On the other end, June was the most stable month, with a tight range of 18.3224 UGX (High: 820.4469 / Low: 802.1245).

March Spread (Volatile) ±40.4231

June Spread (Stable) ±18.3224

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 13.0237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -13.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 830.9135) against the same month in 2022 (average: 793.5721), the exchange rate shifted by +37.3414 (+4.71%).

2023 Avg (December) 830.9135

2022 Avg (December) 793.5721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	822.8264	796.3079	808.2551
February	826.6180	793.1748	803.7865
March	834.1422	793.7191	812.2325
April	841.1685	821.7609	831.0877
May	836.2221	806.5066	818.0640
June	820.4469	802.1245	809.6610
July	834.2341	801.9563	819.3264
August	829.7833	797.0171	812.4347
September	812.1485	793.7560	803.7867
October	805.8802	787.3327	798.1914
November	841.5425	806.0824	822.3430
December	843.4508	816.8542	830.9135