YEARLY HIGH
0.0068 EGP
YEARLY LOW
0.0043 EGP
YEARLY AVERAGE
0.0052 EGP

2022 UGX to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0068. Conversely, the yearly low was recorded on March 13, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0025 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0067, the exchange rate registered a net change of 50.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0068 was up 52.37% compared to the 2021 peak of 0.0045, 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 34 EGP
2021 Average 22 EGP
Yearly Trough Low 22 EGP
Transaction Impact: A difference of 12.30 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0069
0.0042
JanuMarcMayJulySeptNove

UGX to EGP 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 0.0048, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0013 EGP (High: 0.0064 / Low: 0.0051). On the other end, January was the most stable month, with a tight range of 0.0001 EGP (High: 0.0045 / Low: 0.0044).

October Spread (Volatile) ±0.0013
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0067) against the same month in 2021 (average: 0.0044), the exchange rate shifted by +0.0023 (+51.27%).

2022 Avg (December) 0.0067
2021 Avg (December) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0045 0.0044 0.0045
February 0.0045 0.0044 0.0045
March 0.0052 0.0043 0.0046
April 0.0053 0.0051 0.0052
May 0.0052 0.0049 0.0051
June 0.0050 0.0049 0.0050
July 0.0051 0.0049 0.0050
August 0.0051 0.0049 0.0050
September 0.0052 0.0050 0.0051
October 0.0064 0.0051 0.0053
November 0.0066 0.0064 0.0065
December 0.0068 0.0066 0.0067