2023 UGX to MDL Historical Review

YEARLY HIGH

0.0052 MDL

YEARLY LOW

0.0046 MDL

YEARLY AVERAGE

0.0049 MDL

2023 UGX to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0052. Conversely, the yearly low was recorded on December 28, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0006 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0047, the exchange rate registered a net change of -9.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0052 was down 1.51% compared to the 2022 peak of 0.0053, 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 26 MDL

2022 Average 26 MDL

Yearly Trough Low 23 MDL

Transaction Impact: A difference of 3.23 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0052

0.0046

JanuMarcMayJulySeptNove

UGX to MDL 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 0.0049, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0049

H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 MDL (High: 0.0050 / Low: 0.0047). On the other end, October was the most stable month, with a tight range of 0.0001 MDL (High: 0.0049 / Low: 0.0048).

July Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0051) against the same month in 2022 (average: 0.0051), the exchange rate shifted by +0.0001 (+1.30%).

2023 Avg (January) 0.0051

2022 Avg (January) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0052	0.0051	0.0051
February	0.0052	0.0050	0.0051
March	0.0051	0.0049	0.0050
April	0.0049	0.0048	0.0048
May	0.0048	0.0047	0.0048
June	0.0050	0.0047	0.0048
July	0.0050	0.0047	0.0049
August	0.0049	0.0047	0.0048
September	0.0049	0.0048	0.0048
October	0.0049	0.0048	0.0048
November	0.0048	0.0046	0.0047
December	0.0047	0.0046	0.0047