2019 BGN to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 60.1277. Conversely, the yearly low was recorded on December 22, dropping to 57.0272.
This high-to-low spread represents a total annual volatility of 3.1005 KES. From a start-to-finish perspective, comparing the January average rate of 59.2931 to the December average rate of 57.6259, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 60.1277 was down 7.74% compared to the 2018 peak of 65.1704, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 58.3385, compared to 58.4040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was March, with a trading range of 1.7875 KES (High: 58.9946 / Low: 57.2072). On the other end, May was the most stable month, with a tight range of 0.6446 KES (High: 58.1966 / Low: 57.5520).
Growth Streaks & Declines
TrendsBetween May and July, 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 January and February, when the average rate fell by 1.1337 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 59.2931) against the same month in 2018 (average: 64.1691), the exchange rate shifted by -4.8760 (-7.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.1277 | 58.4326 | 59.2931 |
| February | 58.8122 | 57.7305 | 58.1594 |
| March | 58.9946 | 57.2072 | 57.9824 |
| April | 58.5309 | 57.6983 | 58.0230 |
| May | 58.1966 | 57.5520 | 57.8856 |
| June | 59.5193 | 57.8616 | 58.6876 |
| July | 59.5130 | 58.8232 | 59.1752 |
| August | 59.3046 | 58.1242 | 58.7480 |
| September | 58.7443 | 57.8678 | 58.4200 |
| October | 59.2154 | 57.9573 | 58.6197 |
| November | 58.9756 | 57.2515 | 57.8352 |
| December | 58.2256 | 57.0272 | 57.6259 |