2023 RUB to UGX Historical Review

YEARLY HIGH

55.4167 UGX

YEARLY LOW

36.1885 UGX

YEARLY AVERAGE

44.0924 UGX

2023 RUB to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 55.4167. Conversely, the yearly low was recorded on August 12, dropping to 36.1885.

This high-to-low spread represents a total annual volatility of 19.2282 UGX. From a start-to-finish perspective, comparing the January average rate of 52.7899 to the December average rate of 41.5366, the exchange rate registered a net change of -21.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 55.4167 was down 22.58% compared to the 2022 peak of 71.5767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 277,083 UGX

2022 Average 274,793 UGX

Yearly Trough Low 180,942 UGX

Transaction Impact: A difference of 96,141.12 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54.2264

36.9884

JanuMarcMayJulySeptNove

RUB 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 48.2779, compared to 39.9069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.3711 points.

H1 Avg (Jan–Jun) 48.2779

H2 Avg (Jul–Dec) 39.9069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.1457 UGX (High: 46.4638 / Low: 41.3181). On the other end, September was the most stable month, with a tight range of 1.3163 UGX (High: 39.2729 / Low: 37.9566).

June Spread (Volatile) ±5.1457

September Spread (Stable) ±1.3163

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 4.0360 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 52.7899) against the same month in 2022 (average: 46.1093), the exchange rate shifted by +6.6806 (+14.49%).

2023 Avg (January) 52.7899

2022 Avg (January) 46.1093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.4167	50.4779	52.7899
February	52.6917	48.9079	50.1748
March	49.6143	47.9931	48.9475
April	48.5280	45.5228	46.2215
May	48.8771	46.2105	47.0886
June	46.4638	41.3181	44.4454
July	41.4583	39.1115	40.4094
August	39.8646	36.1885	38.4249
September	39.2729	37.9566	38.6543
October	40.5480	36.9144	38.6950
November	43.0373	40.5098	41.7209
December	42.8260	40.4612	41.5366