2023 XPF to UGX Historical Review

YEARLY HIGH

35.1432 UGX

YEARLY LOW

32.6727 UGX

YEARLY AVERAGE

33.7699 UGX

2023 XPF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 35.1432. Conversely, the yearly low was recorded on February 19, dropping to 32.6727.

This high-to-low spread represents a total annual volatility of 2.4705 UGX. From a start-to-finish perspective, comparing the January average rate of 33.3734 to the December average rate of 34.6163, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.1432 was up 3.43% compared to the 2022 peak of 33.9773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,716 UGX

2022 Average 162,713 UGX

Yearly Trough Low 163,363 UGX

Transaction Impact: A difference of 12,352.52 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.7713

32.9110

JanuMarcMayJulySeptNove

XPF 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 33.6838, compared to 33.8559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1721 points.

H1 Avg (Jan–Jun) 33.6838

H2 Avg (Jul–Dec) 33.8559

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.8784 UGX (High: 34.5945 / Low: 32.7160). On the other end, September was the most stable month, with a tight range of 0.5693 UGX (High: 33.6600 / Low: 33.0907).

March Spread (Volatile) ±1.8784

September Spread (Stable) ±0.5693

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 April and May, when the average rate fell by 0.4911 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 34.6163) against the same month in 2022 (average: 32.7401), the exchange rate shifted by +1.8761 (+5.73%).

2023 Avg (December) 34.6163

2022 Avg (December) 32.7401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.7260	32.8995	33.3734
February	34.0052	32.6727	33.0660
March	34.5945	32.7160	33.5567
April	34.8302	33.9863	34.4674
May	34.9452	33.5179	33.9763
June	34.1211	33.3719	33.6632
July	34.5431	33.2639	33.9272
August	34.3388	33.0492	33.6501
September	33.6600	33.0907	33.4571
October	33.5477	32.8271	33.2269
November	35.0595	33.5668	34.2580
December	35.1432	34.0403	34.6163