2023 UGX to JPY Historical Review

YEARLY HIGH

0.0403 JPY

YEARLY LOW

0.0346 JPY

YEARLY AVERAGE

0.0377 JPY

2023 UGX to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0403. Conversely, the yearly low was recorded on March 25, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.0057 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0353 to the December average rate of 0.0380, the exchange rate registered a net change of 7.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0403 was up 2.12% compared to the 2022 peak of 0.0395, 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 202 JPY

2022 Average 178 JPY

Yearly Trough Low 173 JPY

Transaction Impact: A difference of 28.56 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0403

0.0348

JanuMarcMayJulySeptNove

UGX to JPY 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 0.0363, compared to 0.0392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0363

H2 Avg (Jul–Dec) 0.0392

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0025 JPY (High: 0.0395 / Low: 0.0370). On the other end, October was the most stable month, with a tight range of 0.0005 JPY (High: 0.0400 / Low: 0.0396).

June Spread (Volatile) ±0.0025

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0017 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0397) against the same month in 2022 (average: 0.0378), the exchange rate shifted by +0.0019 (+4.97%).

2023 Avg (November) 0.0397

2022 Avg (November) 0.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0357	0.0348	0.0353
February	0.0368	0.0349	0.0361
March	0.0371	0.0346	0.0358
April	0.0365	0.0347	0.0357
May	0.0377	0.0360	0.0368
June	0.0395	0.0370	0.0382
July	0.0396	0.0376	0.0386
August	0.0400	0.0387	0.0393
September	0.0398	0.0393	0.0395
October	0.0400	0.0396	0.0399
November	0.0403	0.0387	0.0397
December	0.0388	0.0372	0.0380