YEARLY HIGH
0.0170 GMD
YEARLY LOW
0.0139 GMD
YEARLY AVERAGE
0.0150 GMD

2022 UGX to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0170. Conversely, the yearly low was recorded on August 7, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0031 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0150 to the December average rate of 0.0168, the exchange rate registered a net change of 12.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0170 was up 14.49% compared to the 2021 peak of 0.0149, 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 85 GMD
2021 Average 72 GMD
Yearly Trough Low 69 GMD
Transaction Impact: A difference of 15.68 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0171
0.0139
JanuMarcMayJulySeptNove

UGX to GMD 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 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0149
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0011 GMD (High: 0.0166 / Low: 0.0155). On the other end, January was the most stable month, with a tight range of 0.0002 GMD (High: 0.0151 / Low: 0.0149).

November Spread (Volatile) ±0.0011
January 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: 0.0168) against the same month in 2021 (average: 0.0148), the exchange rate shifted by +0.0021 (+13.93%).

2022 Avg (December) 0.0168
2021 Avg (December) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0151 0.0149 0.0150
February 0.0152 0.0150 0.0151
March 0.0152 0.0147 0.0149
April 0.0154 0.0150 0.0152
May 0.0154 0.0143 0.0149
June 0.0145 0.0143 0.0144
July 0.0146 0.0139 0.0143
August 0.0145 0.0139 0.0142
September 0.0145 0.0142 0.0144
October 0.0154 0.0144 0.0148
November 0.0166 0.0155 0.0163
December 0.0170 0.0166 0.0168