2023 UGX to ALL Historical Review

YEARLY HIGH

0.0300 ALL

YEARLY LOW

0.0244 ALL

YEARLY AVERAGE

0.0270 ALL

2023 UGX to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0300. Conversely, the yearly low was recorded on December 2, dropping to 0.0244.

This high-to-low spread represents a total annual volatility of 0.0056 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0292 to the December average rate of 0.0249, the exchange rate registered a net change of -14.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0300 was down 7.78% compared to the 2022 peak of 0.0326, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150 ALL

2022 Average 153 ALL

Yearly Trough Low 122 ALL

Transaction Impact: A difference of 27.95 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0297

0.0245

JanuMarcMayJulySeptNove

UGX to ALL 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 0.0281, compared to 0.0259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0281

H2 Avg (Jul–Dec) 0.0259

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0024 ALL (High: 0.0277 / Low: 0.0253). On the other end, September was the most stable month, with a tight range of 0.0005 ALL (High: 0.0270 / Low: 0.0265).

August Spread (Volatile) ±0.0024

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0292) against the same month in 2022 (average: 0.0304), the exchange rate shifted by -0.0011 (-3.76%).

2023 Avg (January) 0.0292

2022 Avg (January) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0300	0.0287	0.0292
February	0.0297	0.0288	0.0293
March	0.0293	0.0276	0.0286
April	0.0277	0.0267	0.0274
May	0.0281	0.0271	0.0274
June	0.0272	0.0264	0.0267
July	0.0268	0.0245	0.0255
August	0.0277	0.0253	0.0263
September	0.0270	0.0265	0.0268
October	0.0271	0.0262	0.0267
November	0.0264	0.0245	0.0254
December	0.0252	0.0244	0.0249