2022 TRY to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TRY to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TRY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 271.4977. Conversely, the yearly low was recorded on December 22, dropping to 194.8657.
This high-to-low spread represents a total annual volatility of 76.6320 UGX. From a start-to-finish perspective, comparing the January average rate of 260.8466 to the December average rate of 197.6837, the exchange rate registered a net change of -24.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 271.4977 was down 48.54% compared to the 2021 peak of 527.5970, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TRY 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 243.1363, compared to 207.3238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.8125 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 16.1053 UGX (High: 231.0924 / Low: 214.9871). On the other end, September was the most stable month, with a tight range of 3.9451 UGX (High: 210.0685 / Low: 206.1234).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 11.8671 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 260.8466) against the same month in 2021 (average: 498.7995), the exchange rate shifted by -237.9530 (-47.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 271.4977 | 255.5158 | 260.8466 |
| February | 261.6947 | 250.1936 | 257.6765 |
| March | 254.0142 | 241.1177 | 245.8094 |
| April | 243.8722 | 238.5485 | 241.0100 |
| May | 240.9449 | 225.0613 | 232.4812 |
| June | 231.0924 | 214.9871 | 220.9945 |
| July | 223.5592 | 214.5819 | 217.3375 |
| August | 217.7240 | 208.4373 | 212.7616 |
| September | 210.0685 | 206.1234 | 208.6494 |
| October | 208.2439 | 202.8435 | 205.6685 |
| November | 204.6582 | 200.4171 | 201.8423 |
| December | 200.6291 | 194.8657 | 197.6837 |