YEARLY HIGH
0.0147 ETB
YEARLY LOW
0.0134 ETB
YEARLY AVERAGE
0.0141 ETB

2022 UGX to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0147. Conversely, the yearly low was recorded on August 4, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0013 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0145, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0147 was down 76.92% compared to the 2021 peak of 0.0638, 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 74 ETB
2021 Average 62 ETB
Yearly Trough Low 67 ETB
Transaction Impact: A difference of 6.50 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0146
0.0136
JanuMarcMayJulySeptNove

UGX to ETB 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 0.0142, compared to 0.0140 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) 0.0142
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0009 ETB (High: 0.0146 / Low: 0.0137). On the other end, February was the most stable month, with a tight range of 0.0002 ETB (High: 0.0145 / Low: 0.0143).

May Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0145) against the same month in 2021 (average: 0.0153), the exchange rate shifted by -0.0008 (-5.05%).

2022 Avg (December) 0.0145
2021 Avg (December) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0139 0.0141
February 0.0145 0.0143 0.0144
March 0.0145 0.0140 0.0142
April 0.0146 0.0143 0.0145
May 0.0146 0.0137 0.0142
June 0.0141 0.0136 0.0139
July 0.0140 0.0135 0.0138
August 0.0140 0.0134 0.0137
September 0.0139 0.0136 0.0138
October 0.0140 0.0137 0.0138
November 0.0143 0.0140 0.0142
December 0.0147 0.0143 0.0145