2022 SBD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SBD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SBD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 476.8442. Conversely, the yearly low was recorded on February 2, dropping to 430.7668.
This high-to-low spread represents a total annual volatility of 46.0774 UGX. From a start-to-finish perspective, comparing the January average rate of 437.0042 to the December average rate of 448.2948, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 476.8442 was up 2.28% compared to the 2021 peak of 466.1970, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SBD to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 444.8902, compared to 461.6610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7709 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 26.5053 UGX (High: 465.3544 / Low: 438.8490). On the other end, January was the most stable month, with a tight range of 6.0016 UGX (High: 438.4986 / Low: 432.4970).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.5817 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 466.7595) against the same month in 2021 (average: 438.0391), the exchange rate shifted by +28.7204 (+6.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 438.4986 | 432.4970 | 437.0042 |
| February | 439.2395 | 430.7668 | 434.6573 |
| March | 450.0139 | 436.7010 | 446.4416 |
| April | 446.4377 | 439.2186 | 442.4757 |
| May | 465.3544 | 438.8490 | 447.6265 |
| June | 468.0714 | 458.0525 | 461.1356 |
| July | 475.7372 | 456.0603 | 464.9665 |
| August | 473.4524 | 456.0287 | 465.7522 |
| September | 476.8442 | 460.6451 | 466.7595 |
| October | 472.7464 | 461.4278 | 467.8875 |
| November | 461.3773 | 453.4337 | 456.3057 |
| December | 454.8258 | 440.6586 | 448.2948 |