2023 UGX to THB Historical Review

YEARLY HIGH

0.0099 THB

YEARLY LOW

0.0089 THB

YEARLY AVERAGE

0.0093 THB

2023 UGX to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0099. Conversely, the yearly low was recorded on January 21, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0010 THB. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0092, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0099 was down 1.64% compared to the 2022 peak of 0.0101, 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 50 THB

2022 Average 47 THB

Yearly Trough Low 44 THB

Transaction Impact: A difference of 5.21 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0098

0.0089

JanuMarcMayJulySeptNove

UGX to THB 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 0.0092, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0092

H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0006 THB (High: 0.0095 / Low: 0.0089). On the other end, April was the most stable month, with a tight range of 0.0003 THB (High: 0.0092 / Low: 0.0090).

February Spread (Volatile) ±0.0006

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0097) against the same month in 2022 (average: 0.0099), the exchange rate shifted by -0.0002 (-2.02%).

2023 Avg (October) 0.0097

2022 Avg (October) 0.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0093	0.0089	0.0090
February	0.0095	0.0089	0.0092
March	0.0095	0.0090	0.0092
April	0.0092	0.0090	0.0091
May	0.0093	0.0090	0.0092
June	0.0097	0.0092	0.0094
July	0.0097	0.0093	0.0095
August	0.0097	0.0093	0.0095
September	0.0098	0.0094	0.0096
October	0.0099	0.0095	0.0097
November	0.0096	0.0091	0.0094
December	0.0094	0.0090	0.0092