2023 UGX to RSD Historical Review

YEARLY HIGH

0.0301 RSD

YEARLY LOW

0.0279 RSD

YEARLY AVERAGE

0.0291 RSD

2023 UGX to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0301. Conversely, the yearly low was recorded on December 28, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0022 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0295 to the December average rate of 0.0284, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0301 was down 5.30% compared to the 2022 peak of 0.0318, 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 150 RSD

2022 Average 151 RSD

Yearly Trough Low 140 RSD

Transaction Impact: A difference of 10.76 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0299

0.0282

JanuMarcMayJulySeptNove

UGX to RSD 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 0.0292, compared to 0.0290 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) 0.0292

H2 Avg (Jul–Dec) 0.0290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 RSD (High: 0.0300 / Low: 0.0284). On the other end, September was the most stable month, with a tight range of 0.0005 RSD (High: 0.0297 / Low: 0.0292).

March Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0297) against the same month in 2022 (average: 0.0295), the exchange rate shifted by +0.0003 (+0.86%).

2023 Avg (February) 0.0297

2022 Avg (February) 0.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0299	0.0292	0.0295
February	0.0301	0.0289	0.0297
March	0.0300	0.0284	0.0293
April	0.0288	0.0282	0.0286
May	0.0293	0.0285	0.0290
June	0.0294	0.0288	0.0292
July	0.0295	0.0285	0.0290
August	0.0297	0.0286	0.0292
September	0.0297	0.0292	0.0294
October	0.0299	0.0293	0.0296
November	0.0293	0.0280	0.0287
December	0.0289	0.0279	0.0284