YEARLY HIGH
0.5827 BIF
YEARLY LOW
0.5261 BIF
YEARLY AVERAGE
0.5540 BIF

2022 UGX to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.5827. Conversely, the yearly low was recorded on August 5, dropping to 0.5261.

This high-to-low spread represents a total annual volatility of 0.0567 BIF. From a start-to-finish perspective, comparing the January average rate of 0.5674 to the December average rate of 0.5606, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5827 was up 3.03% compared to the 2021 peak of 0.5656, 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 2,914 BIF
2021 Average 2,754 BIF
Yearly Trough Low 2,630 BIF
Transaction Impact: A difference of 283.47 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5771
0.5324
JanuMarcMayJulySeptNove

UGX to BIF 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 0.5639, compared to 0.5441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.5639
H2 Avg (Jul–Dec) 0.5441

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0353 BIF (High: 0.5755 / Low: 0.5402). On the other end, January was the most stable month, with a tight range of 0.0078 BIF (High: 0.5714 / Low: 0.5636).

May Spread (Volatile) ±0.0353
January Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.0139 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.5734) against the same month in 2021 (average: 0.5388), the exchange rate shifted by +0.0346 (+6.42%).

2022 Avg (April) 0.5734
2021 Avg (April) 0.5388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5714 0.5636 0.5674
February 0.5750 0.5651 0.5710
March 0.5720 0.5537 0.5636
April 0.5827 0.5621 0.5734
May 0.5755 0.5402 0.5608
June 0.5573 0.5380 0.5469
July 0.5541 0.5280 0.5423
August 0.5471 0.5261 0.5361
September 0.5417 0.5307 0.5380
October 0.5424 0.5315 0.5387
November 0.5538 0.5417 0.5487
December 0.5684 0.5511 0.5606