2023 UGX to DZD Historical Review

YEARLY HIGH

0.0378 DZD

YEARLY LOW

0.0353 DZD

YEARLY AVERAGE

0.0365 DZD

2023 UGX to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0378. Conversely, the yearly low was recorded on November 27, dropping to 0.0353.

This high-to-low spread represents a total annual volatility of 0.0025 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0356, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0378 was down 7.92% compared to the 2022 peak of 0.0411, 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 189 DZD

2022 Average 193 DZD

Yearly Trough Low 176 DZD

Transaction Impact: A difference of 12.72 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0372

0.0354

JanuMarcMayJulySeptNove

UGX to DZD 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 0.0366, compared to 0.0364 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) 0.0366

H2 Avg (Jul–Dec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0015 DZD (High: 0.0378 / Low: 0.0363). On the other end, December was the most stable month, with a tight range of 0.0004 DZD (High: 0.0358 / Low: 0.0353).

August Spread (Volatile) ±0.0015

December Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0370) against the same month in 2022 (average: 0.0372), the exchange rate shifted by -0.0002 (-0.54%).

2023 Avg (August) 0.0370

2022 Avg (August) 0.0372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0373	0.0368	0.0369
February	0.0375	0.0364	0.0370
March	0.0370	0.0358	0.0364
April	0.0364	0.0359	0.0362
May	0.0367	0.0362	0.0365
June	0.0371	0.0363	0.0367
July	0.0376	0.0366	0.0369
August	0.0378	0.0363	0.0370
September	0.0369	0.0364	0.0367
October	0.0369	0.0359	0.0366
November	0.0359	0.0353	0.0356
December	0.0358	0.0353	0.0356