YEARLY HIGH
123.5000 KES
YEARLY LOW
112.8448 KES
YEARLY AVERAGE
117.9211 KES

2022 BMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 123.5000. Conversely, the yearly low was recorded on January 9, dropping to 112.8448.

This high-to-low spread represents a total annual volatility of 10.6552 KES. From a start-to-finish perspective, comparing the January average rate of 113.3926 to the December average rate of 123.0392, the exchange rate registered a net change of 8.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 123.5000 was up 8.76% compared to the 2021 peak of 113.5575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 617,500 KES
2021 Average 548,343 KES
Yearly Trough Low 564,224 KES
Transaction Impact: A difference of 53,275.88 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

124.0039
112.4280
JanuMarcMayJulySeptNove

BMD 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 115.1103, compared to 120.7320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6217 points.

H1 Avg (Jan–Jun) 115.1103
H2 Avg (Jul–Dec) 120.7320

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.9434 KES (High: 122.5326 / Low: 120.5892). On the other end, September was the most stable month, with a tight range of 0.7000 KES (High: 120.8500 / Low: 120.1500).

November Spread (Volatile) ±1.9434
September Spread (Stable) ±0.7000

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 123.0392) against the same month in 2021 (average: 112.9869), the exchange rate shifted by +10.0523 (+8.90%).

2022 Avg (December) 123.0392
2021 Avg (December) 112.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 113.6500 112.8448 113.3926
February 114.0554 113.2913 113.7012
March 115.0404 113.8129 114.4237
April 116.0127 115.0500 115.5132
May 116.8500 115.8000 116.2998
June 117.8774 116.7974 117.3313
July 118.9500 117.8700 118.3518
August 120.1500 118.9966 119.5662
September 120.8500 120.1500 120.4701
October 121.4148 120.5240 121.0636
November 122.5326 120.5892 121.9011
December 123.5000 122.4500 123.0392