2023 AED to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AED to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AED to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 42.8281. Conversely, the yearly low was recorded on January 2, dropping to 33.6023.
This high-to-low spread represents a total annual volatility of 9.2258 KES. From a start-to-finish perspective, comparing the January average rate of 33.7470 to the December average rate of 42.0580, the exchange rate registered a net change of 24.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 42.8281 was up 27.36% compared to the 2022 peak of 33.6269, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AED to KES Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.8646, compared to 40.2754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4108 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 1.4470 KES (High: 36.0770 / Low: 34.6300). On the other end, January was the most stable month, with a tight range of 0.2846 KES (High: 33.8870 / Low: 33.6023).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 42.0580) against the same month in 2022 (average: 33.5000), the exchange rate shifted by +8.5580 (+25.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.8870 | 33.6023 | 33.7470 |
| February | 34.6051 | 33.9059 | 34.2068 |
| March | 36.0770 | 34.6300 | 35.2793 |
| April | 37.0459 | 36.0770 | 36.5880 |
| May | 37.7486 | 36.8098 | 37.3647 |
| June | 38.3362 | 37.4416 | 38.0020 |
| July | 38.7689 | 37.6549 | 38.4984 |
| August | 39.5853 | 38.7255 | 39.1371 |
| September | 40.3480 | 39.5083 | 39.9592 |
| October | 41.0019 | 40.0403 | 40.6358 |
| November | 41.6894 | 40.7250 | 41.3641 |
| December | 42.8281 | 41.4832 | 42.0580 |