2024 BBD to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BBD to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BBD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 81.9946. Conversely, the yearly low was recorded on July 14, dropping to 63.5650.
This high-to-low spread represents a total annual volatility of 18.4296 KES. From a start-to-finish perspective, comparing the January average rate of 79.8892 to the December average rate of 64.6590, the exchange rate registered a net change of -19.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 81.9946 was up 4.25% compared to the 2023 peak of 78.6487, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BBD 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 70.1946, compared to 64.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6313 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 10.6587 KES (High: 81.9946 / Low: 71.3359). On the other end, October was the most stable month, with a tight range of 0.1902 KES (High: 64.6354 / Low: 64.4452).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 7.5052 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 76.2714) against the same month in 2023 (average: 62.8205), the exchange rate shifted by +13.4509 (+21.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.7500 | 77.9002 | 79.8892 |
| February | 81.9946 | 71.3359 | 76.2714 |
| March | 73.5000 | 65.9497 | 68.7662 |
| April | 67.2500 | 63.5781 | 65.6556 |
| May | 67.5000 | 64.0625 | 65.7726 |
| June | 65.6806 | 64.2500 | 64.8128 |
| July | 65.9071 | 63.5650 | 64.5227 |
| August | 65.0000 | 64.2563 | 64.5806 |
| September | 64.5900 | 64.2511 | 64.4737 |
| October | 64.6354 | 64.4452 | 64.5162 |
| November | 64.9077 | 64.4213 | 64.6276 |
| December | 64.7984 | 64.2929 | 64.6590 |