2023 UGX to INR Historical Review

YEARLY HIGH

0.0231 INR

YEARLY LOW

0.0217 INR

YEARLY AVERAGE

0.0222 INR

2023 UGX to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0231. Conversely, the yearly low was recorded on March 30, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0014 INR. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0220, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0231 was up 1.26% compared to the 2022 peak of 0.0228, 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 115 INR

2022 Average 107 INR

Yearly Trough Low 108 INR

Transaction Impact: A difference of 6.92 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0226

0.0218

JanuMarcMayJulySeptNove

UGX to INR 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 0.0221, compared to 0.0222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0221

H2 Avg (Jul–Dec) 0.0222

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0010 INR (High: 0.0231 / Low: 0.0221). On the other end, January was the most stable month, with a tight range of 0.0002 INR (High: 0.0222 / Low: 0.0220).

August Spread (Volatile) ±0.0010

January 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 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0225) against the same month in 2022 (average: 0.0208), the exchange rate shifted by +0.0018 (+8.47%).

2023 Avg (August) 0.0225

2022 Avg (August) 0.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0222	0.0220	0.0221
February	0.0227	0.0221	0.0224
March	0.0223	0.0217	0.0220
April	0.0220	0.0217	0.0219
May	0.0223	0.0219	0.0221
June	0.0224	0.0219	0.0222
July	0.0228	0.0222	0.0225
August	0.0231	0.0221	0.0225
September	0.0223	0.0221	0.0222
October	0.0223	0.0220	0.0222
November	0.0222	0.0218	0.0220
December	0.0221	0.0219	0.0220