2022 UGX to JMD Historical Review

YEARLY HIGH

0.0448 JMD

YEARLY LOW

0.0391 JMD

YEARLY AVERAGE

0.0417 JMD

2022 UGX to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0448. Conversely, the yearly low was recorded on August 22, dropping to 0.0391.

This high-to-low spread represents a total annual volatility of 0.0057 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0439 to the December average rate of 0.0416, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0448 was up 1.62% compared to the 2021 peak of 0.0441, 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 224 JMD

2021 Average 210 JMD

Yearly Trough Low 196 JMD

Transaction Impact: A difference of 28.36 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0450

0.0391

JanuMarcMayJulySeptNove

UGX to JMD 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 0.0430, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0430

H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0029 JMD (High: 0.0436 / Low: 0.0407). On the other end, November was the most stable month, with a tight range of 0.0008 JMD (High: 0.0413 / Low: 0.0405).

May Spread (Volatile) ±0.0029

November Spread (Stable) ±0.0008

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 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0445) against the same month in 2021 (average: 0.0408), the exchange rate shifted by +0.0036 (+8.88%).

2022 Avg (February) 0.0445

2021 Avg (February) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0446	0.0433	0.0439
February	0.0448	0.0437	0.0445
March	0.0439	0.0424	0.0427
April	0.0440	0.0429	0.0436
May	0.0436	0.0407	0.0426
June	0.0416	0.0401	0.0407
July	0.0405	0.0395	0.0400
August	0.0404	0.0391	0.0396
September	0.0405	0.0391	0.0397
October	0.0404	0.0395	0.0400
November	0.0413	0.0405	0.0409
December	0.0420	0.0408	0.0416