2023 UGX to BWP Historical Review

YEARLY HIGH

0.0037 BWP

YEARLY LOW

0.0034 BWP

YEARLY AVERAGE

0.0036 BWP

2023 UGX to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 0.0037. Conversely, the yearly low was recorded on January 4, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0003 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0036, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0037 was up 4.71% compared to the 2022 peak of 0.0036, 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 19 BWP

2022 Average 17 BWP

Yearly Trough Low 17 BWP

Transaction Impact: A difference of 1.64 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0037

0.0034

JanuMarcMayJulySeptNove

UGX to BWP 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 0.0035, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 BWP (High: 0.0036 / Low: 0.0035). On the other end, September was the most stable month, with a tight range of 0.0001 BWP (High: 0.0037 / Low: 0.0036).

March Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0037) against the same month in 2022 (average: 0.0033), the exchange rate shifted by +0.0004 (+11.16%).

2023 Avg (August) 0.0037

2022 Avg (August) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0035	0.0034	0.0035
February	0.0036	0.0034	0.0035
March	0.0036	0.0035	0.0035
April	0.0035	0.0034	0.0035
May	0.0037	0.0035	0.0036
June	0.0037	0.0036	0.0036
July	0.0037	0.0036	0.0036
August	0.0037	0.0036	0.0037
September	0.0037	0.0036	0.0037
October	0.0037	0.0036	0.0037
November	0.0036	0.0035	0.0036
December	0.0036	0.0035	0.0036