2022 SEK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SEK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SEK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 394.9178. Conversely, the yearly low was recorded on October 23, dropping to 336.4825.
This high-to-low spread represents a total annual volatility of 58.4353 UGX. From a start-to-finish perspective, comparing the January average rate of 385.6835 to the December average rate of 354.7939, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 394.9178 was down 12.73% compared to the 2021 peak of 452.5305, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SEK 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 374.7812, compared to 356.1665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.6147 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 32.2330 UGX (High: 386.8680 / Low: 354.6350). On the other end, October was the most stable month, with a tight range of 16.7657 UGX (High: 353.2482 / Low: 336.4825).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 17.4621 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 385.6835) against the same month in 2021 (average: 444.7285), the exchange rate shifted by -59.0450 (-13.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 394.9178 | 371.9782 | 385.6835 |
| February | 386.4591 | 368.8939 | 377.7294 |
| March | 388.5025 | 361.4799 | 375.1083 |
| April | 382.2434 | 359.0418 | 371.1424 |
| May | 386.8680 | 354.6350 | 365.5082 |
| June | 387.3873 | 366.5717 | 373.5151 |
| July | 381.0513 | 353.2247 | 365.9247 |
| August | 384.6557 | 355.4239 | 369.0121 |
| September | 365.7446 | 338.2816 | 351.5500 |
| October | 353.2482 | 336.4825 | 343.3298 |
| November | 360.2739 | 338.3845 | 352.3885 |
| December | 363.5030 | 345.5196 | 354.7939 |