2023 UGX to PHP Historical Review

YEARLY HIGH

0.0156 PHP

YEARLY LOW

0.0143 PHP

YEARLY AVERAGE

0.0149 PHP

2023 UGX to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0156. Conversely, the yearly low was recorded on March 29, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0013 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0147, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0156 was up 0.11% compared to the 2022 peak of 0.0156, 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

2022 Average 74 PHP

Yearly Trough Low 72 PHP

Transaction Impact: A difference of 6.51 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0154

0.0146

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 0.0149, 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 0.0001 points.

H1 Avg (Jan–Jun) 0.0149

H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 PHP (High: 0.0152 / Low: 0.0144). On the other end, October was the most stable month, with a tight range of 0.0002 PHP (High: 0.0152 / Low: 0.0150).

February Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0153) against the same month in 2022 (average: 0.0146), the exchange rate shifted by +0.0007 (+5.05%).

2023 Avg (August) 0.0153

2022 Avg (August) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

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