2023 STD to UGX Historical Review

YEARLY HIGH

0.1713 UGX

YEARLY LOW

0.1594 UGX

YEARLY AVERAGE

0.1648 UGX

2023 STD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.1713. Conversely, the yearly low was recorded on July 23, dropping to 0.1594.

This high-to-low spread represents a total annual volatility of 0.0119 UGX. From a start-to-finish perspective, comparing the January average rate of 0.1618 to the December average rate of 0.1697, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1713 was down 2.54% compared to the 2022 peak of 0.1758, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 857 UGX

2022 Average 832 UGX

Yearly Trough Low 797 UGX

Transaction Impact: A difference of 59.54 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1706

0.1600

JanuMarcMayJulySeptNove

STD 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 0.1628, compared to 0.1669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1628

H2 Avg (Jul–Dec) 0.1669

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0072 UGX (High: 0.1681 / Low: 0.1609). On the other end, December was the most stable month, with a tight range of 0.0021 UGX (High: 0.1708 / Low: 0.1687).

August Spread (Volatile) ±0.0072

December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1695) against the same month in 2022 (average: 0.1644), the exchange rate shifted by +0.0051 (+3.11%).

2023 Avg (November) 0.1695

2022 Avg (November) 0.1644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1635	0.1603	0.1618
February	0.1632	0.1599	0.1615
March	0.1660	0.1619	0.1637
April	0.1657	0.1628	0.1640
May	0.1656	0.1626	0.1633
June	0.1645	0.1600	0.1623
July	0.1644	0.1594	0.1609
August	0.1681	0.1609	0.1652
September	0.1692	0.1667	0.1678
October	0.1698	0.1673	0.1684
November	0.1713	0.1684	0.1695
December	0.1708	0.1687	0.1697

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு