2023 SVC to UGX Historical Review

YEARLY HIGH

436.2435 UGX

YEARLY LOW

412.0004 UGX

YEARLY AVERAGE

425.7402 UGX

2023 SVC to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 436.2435. Conversely, the yearly low was recorded on August 3, dropping to 412.0004.

This high-to-low spread represents a total annual volatility of 24.2431 UGX. From a start-to-finish perspective, comparing the January average rate of 421.9083 to the December average rate of 431.7435, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 436.2435 was down 1.63% compared to the 2022 peak of 443.4835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,181,217 UGX

2022 Average 2,108,600 UGX

Yearly Trough Low 2,060,002 UGX

Transaction Impact: A difference of 121,215.65 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

433.6085

417.5734

JanuMarcMayJulySeptNove

SVC 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 424.7812, compared to 426.6992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9180 points.

H1 Avg (Jan–Jun) 424.7812

H2 Avg (Jul–Dec) 426.6992

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 15.2645 UGX (High: 427.2649 / Low: 412.0004). On the other end, December was the most stable month, with a tight range of 4.9941 UGX (High: 434.6365 / Low: 429.6424).

August Spread (Volatile) ±15.2645

December Spread (Stable) ±4.9941

Growth Streaks & Declines

Trends

Between July and November, 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 June and July, when the average rate fell by 4.5384 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.5384

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 432.2722) against the same month in 2022 (average: 429.4687), the exchange rate shifted by +2.8035 (+0.65%).

2023 Avg (November) 432.2722

2022 Avg (November) 429.4687

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	426.2743	418.4497	421.9083
February	425.6824	418.5955	421.3155
March	433.1683	423.0577	427.7178
April	432.5737	426.2417	428.2186
May	432.0385	424.8085	426.0788
June	428.9957	418.8413	423.4481
July	423.2903	413.1394	418.9096
August	427.2649	412.0004	420.6790
September	430.8051	425.0377	427.3969
October	432.5429	427.3591	429.1940
November	436.2435	429.7630	432.2722
December	434.6365	429.6424	431.7435