YEARLY HIGH
59.4965 KES
YEARLY LOW
54.3547 KES
YEARLY AVERAGE
57.4461 KES

2016 BGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 59.4965. Conversely, the yearly low was recorded on December 20, dropping to 54.3547.

This high-to-low spread represents a total annual volatility of 5.1418 KES. From a start-to-finish perspective, comparing the January average rate of 56.8595 to the December average rate of 55.0508, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 59.4965 was down 3.23% compared to the 2015 peak of 61.4840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297,482 KES
2015 Average 278,744 KES
Yearly Trough Low 271,774 KES
Transaction Impact: A difference of 25,708.83 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

59.0590
54.6864
JanuMarcMayJulySeptNove

BGN to KES 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 57.9244, compared to 56.9678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9567 points.

H1 Avg (Jan–Jun) 57.9244
H2 Avg (Jul–Dec) 56.9678

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.8652 KES (High: 57.8977 / Low: 55.0325). On the other end, September was the most stable month, with a tight range of 0.5805 KES (High: 58.3619 / Low: 57.7814).

November Spread (Volatile) ±2.8652
September Spread (Stable) ±0.5805

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0951 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 58.1957) against the same month in 2015 (average: 54.9786), the exchange rate shifted by +3.2171 (+5.85%).

2016 Avg (May) 58.1957
2015 Avg (May) 54.9786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.1317 56.3480 56.8595
February 58.9627 56.7879 57.8885
March 58.9470 56.4118 57.7677
April 59.1778 58.1154 58.6946
May 59.4965 57.2669 58.1957
June 58.8673 57.1062 58.1404
July 57.8024 56.9007 57.3388
August 58.6987 57.5008 58.0937
September 58.3619 57.7814 58.0160
October 58.1025 56.3914 57.1613
November 57.8977 55.0325 56.1459
December 55.9460 54.3547 55.0508