2022 SGD to UGX Historical Review

YEARLY HIGH

2824.6625 UGX

YEARLY LOW

2546.9148 UGX

YEARLY AVERAGE

2675.8307 UGX

2022 SGD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2824.6625. Conversely, the yearly low was recorded on May 3, dropping to 2546.9148.

This high-to-low spread represents a total annual volatility of 277.7477 UGX. From a start-to-finish perspective, comparing the January average rate of 2612.6955 to the December average rate of 2727.0015, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2824.6625 was up 0.60% compared to the 2021 peak of 2807.9140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,123,312 UGX

2021 Average 13,347,156 UGX

Yearly Trough Low 12,734,574 UGX

Transaction Impact: A difference of 1,388,738.47 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2787.5255

2578.8877

JanuMarcMayJulySeptNove

SGD 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 2632.4239, compared to 2719.2374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 86.8135 points.

H1 Avg (Jan–Jun) 2632.4239

H2 Avg (Jul–Dec) 2719.2374

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 210.4519 UGX (High: 2757.3667 / Low: 2546.9148). On the other end, February was the most stable month, with a tight range of 36.1958 UGX (High: 2626.6604 / Low: 2590.4646).

May Spread (Volatile) ±210.4519

February Spread (Stable) ±36.1958

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 66.4008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -66.4008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 2770.1391) against the same month in 2021 (average: 2611.2914), the exchange rate shifted by +158.8477 (+6.08%).

2022 Avg (August) 2770.1391

2021 Avg (August) 2611.2914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2629.7532	2584.8293	2612.6955
February	2626.6604	2590.4646	2609.2731
March	2668.9167	2599.8208	2643.6204
April	2639.6996	2559.0509	2596.2742
May	2757.3667	2546.9148	2625.7196
June	2762.9581	2671.8474	2706.9606
July	2811.3312	2643.4707	2719.3716
August	2824.6625	2714.2097	2770.1391
September	2732.3262	2670.9143	2703.7383
October	2706.3216	2662.1121	2684.1960
November	2754.1212	2656.2975	2710.9780
December	2775.0733	2692.3147	2727.0015