2023 SLL to UGX Historical Review

YEARLY HIGH

0.2145 UGX

YEARLY LOW

0.1709 UGX

YEARLY AVERAGE

0.1965 UGX

2023 SLL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.2145. Conversely, the yearly low was recorded on August 6, dropping to 0.1709.

This high-to-low spread represents a total annual volatility of 0.0436 UGX. From a start-to-finish perspective, comparing the January average rate of 0.2090 to the December average rate of 0.1803, the exchange rate registered a net change of -13.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2145 was down 32.01% compared to the 2022 peak of 0.3155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,073 UGX

2022 Average 1,371 UGX

Yearly Trough Low 855 UGX

Transaction Impact: A difference of 217.84 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2155

0.1719

JanuMarcMayJulySeptNove

SLL 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 0.2103, compared to 0.1827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.2103

H2 Avg (Jul–Dec) 0.1827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0376 UGX (High: 0.2093 / Low: 0.1717). On the other end, December was the most stable month, with a tight range of 0.0023 UGX (High: 0.1815 / Low: 0.1792).

July Spread (Volatile) ±0.0376

December Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0275 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2115) against the same month in 2022 (average: 0.3100), the exchange rate shifted by -0.0984 (-31.76%).

2023 Avg (March) 0.2115

2022 Avg (March) 0.3100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2113	0.2071	0.2090
February	0.2108	0.2066	0.2087
March	0.2145	0.2091	0.2115
April	0.2141	0.2103	0.2119
May	0.2139	0.2100	0.2110
June	0.2125	0.2068	0.2097
July	0.2093	0.1717	0.2031
August	0.1786	0.1709	0.1755
September	0.1797	0.1772	0.1783
October	0.1805	0.1778	0.1790
November	0.1821	0.1789	0.1802
December	0.1815	0.1792	0.1803