2023 UGX to LRD Historical Review

YEARLY HIGH

0.0521 LRD

YEARLY LOW

0.0407 LRD

YEARLY AVERAGE

0.0469 LRD

2023 UGX to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0521. Conversely, the yearly low was recorded on March 26, dropping to 0.0407.

This high-to-low spread represents a total annual volatility of 0.0114 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0421 to the December average rate of 0.0498, the exchange rate registered a net change of 18.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0521 was up 18.65% compared to the 2022 peak of 0.0439, 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 260 LRD

2022 Average 207 LRD

Yearly Trough Low 204 LRD

Transaction Impact: A difference of 56.81 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0515

0.0412

JanuMarcMayJulySeptNove

UGX to LRD 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 0.0438, compared to 0.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0438

H2 Avg (Jul–Dec) 0.0500

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0040 LRD (High: 0.0491 / Low: 0.0451). On the other end, October was the most stable month, with a tight range of 0.0005 LRD (High: 0.0500 / Low: 0.0495).

June Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0008 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0506) against the same month in 2022 (average: 0.0401), the exchange rate shifted by +0.0106 (+26.39%).

2023 Avg (August) 0.0506

2022 Avg (August) 0.0401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0426	0.0414	0.0421
February	0.0429	0.0413	0.0424
March	0.0436	0.0407	0.0427
April	0.0442	0.0429	0.0436
May	0.0451	0.0443	0.0448
June	0.0491	0.0451	0.0471
July	0.0517	0.0489	0.0502
August	0.0521	0.0498	0.0506
September	0.0502	0.0495	0.0498
October	0.0500	0.0495	0.0498
November	0.0500	0.0493	0.0497
December	0.0501	0.0494	0.0498