2014 BIF to KES Historical Review

YEARLY HIGH

0.0583 KES

YEARLY LOW

0.0550 KES

YEARLY AVERAGE

0.0566 KES

2014 BIF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0583. Conversely, the yearly low was recorded on January 23, dropping to 0.0550.

This high-to-low spread represents a total annual volatility of 0.0033 KES. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0578, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0583 was up 0.66% compared to the 2013 peak of 0.0579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291 KES

2013 Average 278 KES

Yearly Trough Low 275 KES

Transaction Impact: A difference of 16.32 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0580

0.0554

JanuMarcMayJulySeptNove

BIF 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 0.0560, compared to 0.0573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0560

H2 Avg (Jul–Dec) 0.0573

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0018 KES (High: 0.0583 / Low: 0.0565). On the other end, March was the most stable month, with a tight range of 0.0005 KES (High: 0.0560 / Low: 0.0556).

October Spread (Volatile) ±0.0018

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0572) against the same month in 2013 (average: 0.0553), the exchange rate shifted by +0.0020 (+3.54%).

2014 Avg (October) 0.0572

2013 Avg (October) 0.0553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0563	0.0550	0.0557
February	0.0562	0.0554	0.0556
March	0.0560	0.0556	0.0557
April	0.0563	0.0557	0.0560
May	0.0569	0.0559	0.0565
June	0.0570	0.0563	0.0567
July	0.0571	0.0565	0.0567
August	0.0574	0.0565	0.0569
September	0.0577	0.0570	0.0574
October	0.0583	0.0565	0.0572
November	0.0578	0.0572	0.0576
December	0.0583	0.0574	0.0578