YEARLY HIGH
0.0157 DOP
YEARLY LOW
0.0144 DOP
YEARLY AVERAGE
0.0150 DOP

2023 UGX to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0157. Conversely, the yearly low was recorded on May 31, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0012 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0152, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0157 was down 4.96% compared to the 2022 peak of 0.0165, 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 78 DOP
2022 Average 75 DOP
Yearly Trough Low 72 DOP
Transaction Impact: A difference of 6.21 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0155
0.0145
JanuMarcMayJulySeptNove

UGX to DOP 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 0.0149, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0149
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0006 DOP (High: 0.0155 / Low: 0.0149). On the other end, October was the most stable month, with a tight range of 0.0002 DOP (High: 0.0152 / Low: 0.0150).

July Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0154) against the same month in 2022 (average: 0.0141), the exchange rate shifted by +0.0013 (+9.51%).

2023 Avg (August) 0.0154
2022 Avg (August) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0155 0.0151 0.0153
February 0.0154 0.0149 0.0152
March 0.0150 0.0145 0.0147
April 0.0147 0.0145 0.0146
May 0.0147 0.0144 0.0146
June 0.0151 0.0146 0.0148
July 0.0155 0.0149 0.0152
August 0.0157 0.0152 0.0154
September 0.0153 0.0151 0.0152
October 0.0152 0.0150 0.0151
November 0.0151 0.0149 0.0150
December 0.0154 0.0149 0.0152