2022 UGX to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 UGX to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the UGX to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1.3442. Conversely, the yearly low was recorded on June 1, dropping to 0.9985.
This high-to-low spread represents a total annual volatility of 0.3457 COP. From a start-to-finish perspective, comparing the January average rate of 1.1336 to the December average rate of 1.2990, the exchange rate registered a net change of 14.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.3442 was up 17.62% compared to the 2021 peak of 1.1428, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UGX based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
UGX to COP 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 1.0907, compared to 1.2144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1238 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 0.1516 COP (High: 1.1541 / Low: 1.0024). On the other end, February was the most stable month, with a tight range of 0.0302 COP (High: 1.1312 / Low: 1.1010).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0615 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 1.3105) against the same month in 2021 (average: 1.0980), the exchange rate shifted by +0.2125 (+19.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1531 | 1.1163 | 1.1336 |
| February | 1.1312 | 1.1010 | 1.1204 |
| March | 1.1200 | 1.0311 | 1.0599 |
| April | 1.1231 | 1.0498 | 1.0718 |
| May | 1.1541 | 1.0024 | 1.1099 |
| June | 1.1044 | 0.9985 | 1.0484 |
| July | 1.2286 | 1.1107 | 1.1553 |
| August | 1.1657 | 1.0975 | 1.1295 |
| September | 1.1868 | 1.1418 | 1.1617 |
| October | 1.3070 | 1.1706 | 1.2306 |
| November | 1.3442 | 1.2643 | 1.3105 |
| December | 1.3135 | 1.2770 | 1.2990 |