YEARLY HIGH
0.5750 CDF
YEARLY LOW
0.5140 CDF
YEARLY AVERAGE
0.5480 CDF

2022 UGX to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5750. Conversely, the yearly low was recorded on August 7, dropping to 0.5140.

This high-to-low spread represents a total annual volatility of 0.0609 CDF. From a start-to-finish perspective, comparing the January average rate of 0.5682 to the December average rate of 0.5548, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5750 was up 0.97% compared to the 2021 peak of 0.5694, 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 2,875 CDF
2021 Average 2,777 CDF
Yearly Trough Low 2,570 CDF
Transaction Impact: A difference of 304.73 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5762
0.5200
JanuMarcMayJulySeptNove

UGX to CDF 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 0.5589, compared to 0.5371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.5589
H2 Avg (Jul–Dec) 0.5371

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0425 CDF (High: 0.5728 / Low: 0.5303). On the other end, January was the most stable month, with a tight range of 0.0080 CDF (High: 0.5725 / Low: 0.5645).

May Spread (Volatile) ±0.0425
January Spread (Stable) ±0.0080

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 0.0200 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.5716) against the same month in 2021 (average: 0.5401), the exchange rate shifted by +0.0315 (+5.83%).

2022 Avg (February) 0.5716
2021 Avg (February) 0.5401

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5725 0.5645 0.5682
February 0.5750 0.5658 0.5716
March 0.5671 0.5541 0.5589
April 0.5715 0.5595 0.5665
May 0.5728 0.5303 0.5542
June 0.5408 0.5270 0.5342
July 0.5384 0.5153 0.5271
August 0.5395 0.5140 0.5247
September 0.5421 0.5287 0.5347
October 0.5413 0.5308 0.5355
November 0.5498 0.5399 0.5458
December 0.5620 0.5457 0.5548