2024 BMD to KES Historical Review

YEARLY HIGH

163.9893 KES

YEARLY LOW

127.1300 KES

YEARLY AVERAGE

134.7579 KES

2024 BMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 163.9893. Conversely, the yearly low was recorded on July 14, dropping to 127.1300.

This high-to-low spread represents a total annual volatility of 36.8593 KES. From a start-to-finish perspective, comparing the January average rate of 159.7783 to the December average rate of 129.3180, 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 163.9893 was up 4.25% compared to the 2023 peak of 157.2973, 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 819,946 KES

2023 Average 699,519 KES

Yearly Trough Low 635,650 KES

Transaction Impact: A difference of 184,296.33 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

162.8614

125.8642

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 140.3892, compared to 129.1266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.2627 points.

H1 Avg (Jan–Jun) 140.3892

H2 Avg (Jul–Dec) 129.1266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 21.3174 KES (High: 163.9893 / Low: 142.6719). On the other end, October was the most stable month, with a tight range of 0.3804 KES (High: 129.2709 / Low: 128.8905).

February Spread (Volatile) ±21.3174

October Spread (Stable) ±0.3804

Growth Streaks & Declines

Trends

Between 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 15.0104 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 152.5428) against the same month in 2023 (average: 125.6410), the exchange rate shifted by +26.9018 (+21.41%).

2024 Avg (February) 152.5428

2023 Avg (February) 125.6410

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	163.5000	155.8003	159.7783
February	163.9893	142.6719	152.5428
March	147.0000	131.8993	137.5325
April	134.5000	127.1561	131.3112
May	135.0000	128.1251	131.5451
June	131.3612	128.5000	129.6255
July	131.8143	127.1300	129.0453
August	130.0000	128.5126	129.1612
September	129.1800	128.5022	128.9473
October	129.2709	128.8905	129.0325
November	129.8154	128.8425	129.2552
December	129.5968	128.5858	129.3180