YEARLY HIGH
32.1571 UGX
YEARLY LOW
30.1918 UGX
YEARLY AVERAGE
31.3859 UGX

2023 VUV to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 32.1571. Conversely, the yearly low was recorded on August 6, dropping to 30.1918.

This high-to-low spread represents a total annual volatility of 1.9653 UGX. From a start-to-finish perspective, comparing the January average rate of 31.2748 to the December average rate of 31.8532, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.1571 was down 3.18% compared to the 2022 peak of 33.2123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VUV based on timing:

Yearly Peak High 160,785 UGX
2022 Average 157,884 UGX
Yearly Trough Low 150,959 UGX
Transaction Impact: A difference of 9,826.52 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.9606
30.6720
JanuMarcMayJulySeptNove

VUV to UGX 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 31.3454, compared to 31.4264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0811 points.

H1 Avg (Jan–Jun) 31.3454
H2 Avg (Jul–Dec) 31.4264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.3481 UGX (High: 31.5399 / Low: 30.1918). On the other end, December was the most stable month, with a tight range of 0.4012 UGX (High: 32.0604 / Low: 31.6592).

August Spread (Volatile) ±1.3481
December Spread (Stable) ±0.4012

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3567 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 31.8205) against the same month in 2022 (average: 30.5601), the exchange rate shifted by +1.2604 (+4.12%).

2023 Avg (November) 31.8205
2022 Avg (November) 30.5601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.6138 30.9855 31.2748
February 31.5493 30.9144 31.2334
March 32.0998 31.2986 31.6487
April 31.7902 31.2217 31.4587
May 31.7609 31.1854 31.3204
June 31.5541 30.6971 31.1361
July 31.0723 30.3294 30.7794
August 31.5399 30.1918 31.0037
September 31.7484 31.2924 31.4926
October 31.8730 31.4041 31.6091
November 32.1571 31.5971 31.8205
December 32.0604 31.6592 31.8532