YEARLY HIGH
5113.7363 UGX
YEARLY LOW
4825.1068 UGX
YEARLY AVERAGE
4969.5251 UGX

2023 XDR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 5113.7363. Conversely, the yearly low was recorded on August 12, dropping to 4825.1068.

This high-to-low spread represents a total annual volatility of 288.6294 UGX. From a start-to-finish perspective, comparing the January average rate of 4959.7163 to the December average rate of 5043.3665, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5113.7363 was down 5.55% compared to the 2022 peak of 5413.9888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,568,681 UGX
2022 Average 25,295,673 UGX
Yearly Trough Low 24,125,534 UGX
Transaction Impact: A difference of 1,443,147.13 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5065.7204
4899.8958
JanuMarcMayJulySeptNove

XDR 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 4981.8374, compared to 4957.2128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.6246 points.

H1 Avg (Jan–Jun) 4981.8374
H2 Avg (Jul–Dec) 4957.2128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 162.1603 UGX (High: 4987.2671 / Low: 4825.1068). On the other end, October was the most stable month, with a tight range of 47.7359 UGX (High: 4959.5044 / Low: 4911.7685).

August Spread (Volatile) ±162.1603
October Spread (Stable) ±47.7359

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 66.3898 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -66.3898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 5051.9017) against the same month in 2022 (average: 4908.6931), the exchange rate shifted by +143.2085 (+2.92%).

2023 Avg (April) 5051.9017
2022 Avg (April) 4908.6931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4985.4034 4917.7316 4959.7163
February 5000.4002 4894.3155 4938.0033
March 5084.6465 4923.1041 4986.3228
April 5113.7363 5026.9951 5051.9017
May 5046.6792 4972.0787 5010.7352
June 4998.4129 4887.0784 4944.3453
July 4965.2687 4855.1496 4919.7442
August 4987.2671 4825.1068 4913.7145
September 4975.1359 4910.8850 4942.8966
October 4959.5044 4911.7685 4928.2270
November 5080.6259 4943.9402 4995.3278
December 5073.3196 5005.4417 5043.3665