2023 UGX to TWD Historical Review

YEARLY HIGH

0.0088 TWD

YEARLY LOW

0.0080 TWD

YEARLY AVERAGE

0.0084 TWD

2023 UGX to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0088. Conversely, the yearly low was recorded on March 25, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0008 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0083, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0088 was up 3.21% compared to the 2022 peak of 0.0086, 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 44 TWD

2022 Average 40 TWD

Yearly Trough Low 40 TWD

Transaction Impact: A difference of 4.00 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0087

0.0081

JanuMarcMayJulySeptNove

UGX to TWD 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 0.0082, compared to 0.0085 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) 0.0082

H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0004 TWD (High: 0.0086 / Low: 0.0082). On the other end, September was the most stable month, with a tight range of 0.0001 TWD (High: 0.0086 / Low: 0.0085).

November Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and August, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0086) against the same month in 2022 (average: 0.0078), the exchange rate shifted by +0.0008 (+10.19%).

2023 Avg (August) 0.0086

2022 Avg (August) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0083	0.0081	0.0082
February	0.0083	0.0081	0.0082
March	0.0083	0.0080	0.0082
April	0.0082	0.0080	0.0082
May	0.0083	0.0081	0.0082
June	0.0085	0.0082	0.0083
July	0.0087	0.0084	0.0085
August	0.0088	0.0085	0.0086
September	0.0086	0.0085	0.0086
October	0.0086	0.0085	0.0086
November	0.0086	0.0082	0.0084
December	0.0083	0.0081	0.0083