2022 UGX to RWF Historical Review

YEARLY HIGH

0.2959 RWF

YEARLY LOW

0.2648 RWF

YEARLY AVERAGE

0.2811 RWF

2022 UGX to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.2959. Conversely, the yearly low was recorded on August 7, dropping to 0.2648.

This high-to-low spread represents a total annual volatility of 0.0311 RWF. From a start-to-finish perspective, comparing the January average rate of 0.2911 to the December average rate of 0.2904, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2959 was up 0.75% compared to the 2021 peak of 0.2937, 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 1,479 RWF

2021 Average 1,396 RWF

Yearly Trough Low 1,324 RWF

Transaction Impact: A difference of 155.46 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2941

0.2671

JanuMarcMayJulySeptNove

UGX to RWF 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 0.2851, compared to 0.2770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.2851

H2 Avg (Jul–Dec) 0.2770

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0197 RWF (High: 0.2905 / Low: 0.2708). On the other end, September was the most stable month, with a tight range of 0.0064 RWF (High: 0.2767 / Low: 0.2703).

May Spread (Volatile) ±0.0197

September Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0084 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.2919) against the same month in 2021 (average: 0.2699), the exchange rate shifted by +0.0220 (+8.14%).

2022 Avg (February) 0.2919

2021 Avg (February) 0.2699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2948	0.2863	0.2911
February	0.2959	0.2853	0.2919
March	0.2875	0.2806	0.2839
April	0.2907	0.2843	0.2880
May	0.2905	0.2708	0.2820
June	0.2787	0.2692	0.2736
July	0.2774	0.2649	0.2712
August	0.2762	0.2648	0.2694
September	0.2767	0.2703	0.2727
October	0.2791	0.2703	0.2758
November	0.2892	0.2769	0.2829
December	0.2942	0.2852	0.2904