2023 UGX to SBD Historical Review

YEARLY HIGH

0.0023 SBD

YEARLY LOW

0.0022 SBD

YEARLY AVERAGE

0.0022 SBD

2023 UGX to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0023. Conversely, the yearly low was recorded on March 30, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0002 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0022, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0023 was up 0.57% compared to the 2022 peak of 0.0023, 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 12 SBD

2022 Average 11 SBD

Yearly Trough Low 11 SBD

Transaction Impact: A difference of 0.80 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0023

0.0022

JanuMarcMayJulySeptNove

UGX to SBD 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 0.0022, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0022

H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0001 SBD (High: 0.0023 / Low: 0.0022). On the other end, November was the most stable month, with a tight range of 0.0000 SBD (High: 0.0022 / Low: 0.0022).

August Spread (Volatile) ±0.0001

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0023) against the same month in 2022 (average: 0.0021), the exchange rate shifted by +0.0001 (+5.90%).

2023 Avg (August) 0.0023

2022 Avg (August) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0023	0.0022	0.0022
February	0.0023	0.0022	0.0022
March	0.0022	0.0022	0.0022
April	0.0022	0.0022	0.0022
May	0.0022	0.0022	0.0022
June	0.0023	0.0022	0.0023
July	0.0023	0.0023	0.0023
August	0.0023	0.0022	0.0023
September	0.0023	0.0022	0.0022
October	0.0023	0.0022	0.0022
November	0.0022	0.0022	0.0022
December	0.0022	0.0022	0.0022