2022 TND to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TND to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1251.2246. Conversely, the yearly low was recorded on December 1, dropping to 1146.3691.
This high-to-low spread represents a total annual volatility of 104.8556 UGX. From a start-to-finish perspective, comparing the January average rate of 1222.8813 to the December average rate of 1163.0622, the exchange rate registered a net change of -4.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1251.2246 was down 9.34% compared to the 2021 peak of 1380.1256, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TND 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 1208.9301, compared to 1187.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.9116 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 96.1945 UGX (High: 1246.6228 / Low: 1150.4283). On the other end, March was the most stable month, with a tight range of 19.2950 UGX (High: 1228.2313 / Low: 1208.9363).
Growth Streaks & Declines
TrendsBetween April and June, 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 March and April, when the average rate fell by 36.4173 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 1222.8635) against the same month in 2021 (average: 1287.7388), the exchange rate shifted by -64.8753 (-5.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1237.4436 | 1207.0548 | 1222.8813 |
| February | 1238.2357 | 1210.3499 | 1220.9564 |
| March | 1228.2313 | 1208.9363 | 1218.6873 |
| April | 1219.4567 | 1157.0599 | 1182.2699 |
| May | 1246.6228 | 1150.4283 | 1185.9223 |
| June | 1251.2246 | 1201.2038 | 1222.8635 |
| July | 1247.4234 | 1202.5892 | 1220.2408 |
| August | 1239.7808 | 1185.4151 | 1212.8889 |
| September | 1241.0695 | 1158.7126 | 1184.5127 |
| October | 1185.8776 | 1163.1821 | 1174.4582 |
| November | 1187.8994 | 1147.8914 | 1166.9487 |
| December | 1195.4373 | 1146.3691 | 1163.0622 |