YEARLY HIGH
0.0156 PHP
YEARLY LOW
0.0138 PHP
YEARLY AVERAGE
0.0148 PHP

2022 UGX to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0156. Conversely, the yearly low was recorded on June 1, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0018 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0145 to the December average rate of 0.0151, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0156 was up 7.65% compared to the 2021 peak of 0.0145, 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 78 PHP
2021 Average 69 PHP
Yearly Trough Low 69 PHP
Transaction Impact: A difference of 8.97 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0155
0.0142
JanuMarcMayJulySeptNove

UGX to PHP 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 0.0145, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0010 PHP (High: 0.0149 / Low: 0.0139). On the other end, January was the most stable month, with a tight range of 0.0002 PHP (High: 0.0146 / Low: 0.0144).

May Spread (Volatile) ±0.0010
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, 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 (October 2022: 0.0154) against the same month in 2021 (average: 0.0142), the exchange rate shifted by +0.0012 (+8.46%).

2022 Avg (October) 0.0154
2021 Avg (October) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0144 0.0145
February 0.0148 0.0145 0.0146
March 0.0147 0.0143 0.0145
April 0.0149 0.0144 0.0147
May 0.0149 0.0139 0.0144
June 0.0147 0.0138 0.0143
July 0.0150 0.0143 0.0147
August 0.0149 0.0142 0.0146
September 0.0154 0.0149 0.0151
October 0.0156 0.0153 0.0154
November 0.0156 0.0151 0.0153
December 0.0152 0.0149 0.0151