2023 RSD to UGX Historical Review

YEARLY HIGH

35.7959 UGX

YEARLY LOW

33.2363 UGX

YEARLY AVERAGE

34.3521 UGX

2023 RSD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 35.7959. Conversely, the yearly low was recorded on February 19, dropping to 33.2363.

This high-to-low spread represents a total annual volatility of 2.5596 UGX. From a start-to-finish perspective, comparing the January average rate of 33.9292 to the December average rate of 35.2347, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.7959 was up 3.67% compared to the 2022 peak of 34.5287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178,980 UGX

2022 Average 165,318 UGX

Yearly Trough Low 166,182 UGX

Transaction Impact: A difference of 12,797.89 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.3953

33.4678

JanuMarcMayJulySeptNove

RSD 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 34.2502, compared to 34.4541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2039 points.

H1 Avg (Jan–Jun) 34.2502

H2 Avg (Jul–Dec) 34.4541

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.9102 UGX (High: 35.1882 / Low: 33.2780). On the other end, September was the most stable month, with a tight range of 0.5857 UGX (High: 34.2513 / Low: 33.6656).

March Spread (Volatile) ±1.9102

September Spread (Stable) ±0.5857

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 0.4811 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 35.2347) against the same month in 2022 (average: 33.2883), the exchange rate shifted by +1.9464 (+5.85%).

2023 Avg (December) 35.2347

2022 Avg (December) 33.2883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.2835	33.4572	33.9292
February	34.5640	33.2363	33.6285
March	35.1882	33.2780	34.1372
April	35.4444	34.6779	35.0122
May	35.1416	34.0964	34.5311
June	34.7144	33.9777	34.2628
July	35.1438	33.8656	34.5354
August	34.9708	33.6436	34.2395
September	34.2513	33.6656	34.0356
October	34.1659	33.3982	33.8128
November	35.6699	34.1824	34.8664
December	35.7959	34.6304	35.2347