2023 UGX to DJF Historical Review

YEARLY HIGH

0.0497 DJF

YEARLY LOW

0.0466 DJF

YEARLY AVERAGE

0.0478 DJF

2023 UGX to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0497. Conversely, the yearly low was recorded on November 30, dropping to 0.0466.

This high-to-low spread represents a total annual volatility of 0.0031 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0481 to the December average rate of 0.0471, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0497 was down 2.47% compared to the 2022 peak of 0.0509, 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 248 DJF

2022 Average 241 DJF

Yearly Trough Low 233 DJF

Transaction Impact: A difference of 15.48 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0487

0.0469

JanuMarcMayJulySeptNove

UGX to DJF 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 0.0479, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0479

H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0021 DJF (High: 0.0497 / Low: 0.0476). On the other end, October was the most stable month, with a tight range of 0.0006 DJF (High: 0.0476 / Low: 0.0470).

August Spread (Volatile) ±0.0021

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0483) against the same month in 2022 (average: 0.0465), the exchange rate shifted by +0.0019 (+4.00%).

2023 Avg (August) 0.0483

2022 Avg (August) 0.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0486	0.0476	0.0481
February	0.0487	0.0477	0.0483
March	0.0481	0.0469	0.0475
April	0.0478	0.0470	0.0475
May	0.0479	0.0471	0.0477
June	0.0485	0.0474	0.0480
July	0.0494	0.0481	0.0485
August	0.0497	0.0476	0.0483
September	0.0479	0.0472	0.0476
October	0.0476	0.0470	0.0474
November	0.0473	0.0466	0.0470
December	0.0475	0.0467	0.0471