YEARLY HIGH
0.9363 MNT
YEARLY LOW
0.7927 MNT
YEARLY AVERAGE
0.8461 MNT

2022 UGX to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.9363. Conversely, the yearly low was recorded on March 9, dropping to 0.7927.

This high-to-low spread represents a total annual volatility of 0.1436 MNT. From a start-to-finish perspective, comparing the January average rate of 0.8105 to the December average rate of 0.9240, the exchange rate registered a net change of 14.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9363 was up 15.59% compared to the 2021 peak of 0.8100, 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 4,681 MNT
2021 Average 3,976 MNT
Yearly Trough Low 3,963 MNT
Transaction Impact: A difference of 717.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9362
0.7907
JanuMarcMayJulySeptNove

UGX to MNT 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 0.8248, compared to 0.8675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0426 points.

H1 Avg (Jan–Jun) 0.8248
H2 Avg (Jul–Dec) 0.8675

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0470 MNT (High: 0.8561 / Low: 0.8091). On the other end, January was the most stable month, with a tight range of 0.0095 MNT (High: 0.8161 / Low: 0.8067).

April Spread (Volatile) ±0.0470
January Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0172 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.9240) against the same month in 2021 (average: 0.8041), the exchange rate shifted by +0.1199 (+14.91%).

2022 Avg (December) 0.9240
2021 Avg (December) 0.8041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8161 0.8067 0.8105
February 0.8193 0.8092 0.8147
March 0.8139 0.7927 0.8028
April 0.8561 0.8091 0.8401
May 0.8627 0.8221 0.8490
June 0.8385 0.8173 0.8318
July 0.8438 0.8119 0.8288
August 0.8503 0.8114 0.8305
September 0.8565 0.8342 0.8443
October 0.8931 0.8492 0.8716
November 0.9129 0.8926 0.9056
December 0.9363 0.9112 0.9240