2023 UGX to TJS Historical Review

YEARLY HIGH

0.0030 TJS

YEARLY LOW

0.0027 TJS

YEARLY AVERAGE

0.0029 TJS

2023 UGX to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0030. Conversely, the yearly low was recorded on February 28, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0004 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0029, the exchange rate registered a net change of 4.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0030 was down 16.46% compared to the 2022 peak of 0.0036, 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 15 TJS

2022 Average 15 TJS

Yearly Trough Low 13 TJS

Transaction Impact: A difference of 1.76 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0030

0.0028

JanuMarcMayJulySeptNove

UGX to TJS 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 0.0029, compared to 0.0029 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) 0.0029

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 TJS (High: 0.0029 / Low: 0.0027). On the other end, December was the most stable month, with a tight range of 0.0000 TJS (High: 0.0029 / Low: 0.0029).

March Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0030) against the same month in 2022 (average: 0.0027), the exchange rate shifted by +0.0003 (+11.95%).

2023 Avg (August) 0.0030

2022 Avg (August) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0028	0.0027	0.0028
February	0.0029	0.0027	0.0028
March	0.0029	0.0027	0.0028
April	0.0029	0.0029	0.0029
May	0.0029	0.0029	0.0029
June	0.0030	0.0029	0.0029
July	0.0030	0.0030	0.0030
August	0.0030	0.0029	0.0030
September	0.0030	0.0029	0.0029
October	0.0029	0.0029	0.0029
November	0.0029	0.0029	0.0029
December	0.0029	0.0029	0.0029