2023 UGX to UAH Historical Review

YEARLY HIGH

0.0102 UAH

YEARLY LOW

0.0095 UAH

YEARLY AVERAGE

0.0099 UAH

2023 UGX to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0102. Conversely, the yearly low was recorded on November 23, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0008 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0098, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0102 was up 0.97% 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 51 UAH

2022 Average 44 UAH

Yearly Trough Low 47 UAH

Transaction Impact: A difference of 3.81 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0101

0.0095

JanuMarcMayJulySeptNove

UGX to UAH 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 0.0099, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0099

H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0005 UAH (High: 0.0101 / Low: 0.0096). On the other end, September was the most stable month, with a tight range of 0.0001 UAH (High: 0.0099 / Low: 0.0098).

December Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0100) against the same month in 2022 (average: 0.0096), the exchange rate shifted by +0.0004 (+4.20%).

2023 Avg (August) 0.0100

2022 Avg (August) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0100	0.0099	0.0100
February	0.0101	0.0099	0.0100
March	0.0100	0.0097	0.0099
April	0.0099	0.0097	0.0098
May	0.0099	0.0098	0.0099
June	0.0101	0.0098	0.0100
July	0.0102	0.0100	0.0101
August	0.0102	0.0099	0.0100
September	0.0099	0.0098	0.0099
October	0.0098	0.0096	0.0097
November	0.0096	0.0095	0.0096
December	0.0101	0.0096	0.0098