2022 UGX to CVE Historical Review

YEARLY HIGH

0.0307 CVE

YEARLY LOW

0.0270 CVE

YEARLY AVERAGE

0.0285 CVE

2022 UGX to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0307. Conversely, the yearly low was recorded on July 31, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0037 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0277 to the December average rate of 0.0283, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0307 was up 11.03% compared to the 2021 peak of 0.0277, 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 154 CVE

2021 Average 131 CVE

Yearly Trough Low 135 CVE

Transaction Impact: A difference of 18.74 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0297

0.0275

JanuMarcMayJulySeptNove

UGX to CVE 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 0.0282, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0282

H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0025 CVE (High: 0.0299 / Low: 0.0273). On the other end, March was the most stable month, with a tight range of 0.0006 CVE (High: 0.0282 / Low: 0.0276).

May Spread (Volatile) ±0.0025

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, 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 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0295) against the same month in 2021 (average: 0.0267), the exchange rate shifted by +0.0028 (+10.66%).

2022 Avg (October) 0.0295

2021 Avg (October) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0283	0.0274	0.0277
February	0.0281	0.0273	0.0278
March	0.0282	0.0276	0.0280
April	0.0297	0.0280	0.0288
May	0.0299	0.0273	0.0289
June	0.0284	0.0273	0.0279
July	0.0291	0.0270	0.0284
August	0.0293	0.0278	0.0285
September	0.0299	0.0278	0.0291
October	0.0307	0.0291	0.0295
November	0.0298	0.0283	0.0289
December	0.0286	0.0278	0.0283