2014 BTN to KES Historical Review

YEARLY HIGH

1.5031 KES

YEARLY LOW

1.3613 KES

YEARLY AVERAGE

1.4414 KES

2014 BTN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 1.5031. Conversely, the yearly low was recorded on January 27, dropping to 1.3613.

This high-to-low spread represents a total annual volatility of 0.1418 KES. From a start-to-finish perspective, comparing the January average rate of 1.3898 to the December average rate of 1.4413, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5031 was down 8.83% compared to the 2013 peak of 1.6487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,516 KES

2013 Average 7,383 KES

Yearly Trough Low 6,806 KES

Transaction Impact: A difference of 709.05 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4817

1.3777

JanuMarcMayJulySeptNove

BTN 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 1.4288, compared to 1.4539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 1.4288

H2 Avg (Jul–Dec) 1.4539

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0620 KES (High: 1.5031 / Low: 1.4411). On the other end, November was the most stable month, with a tight range of 0.0113 KES (High: 1.4645 / Low: 1.4532).

May Spread (Volatile) ±0.0620

November Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.4730) against the same month in 2013 (average: 1.5317), the exchange rate shifted by -0.0587 (-3.83%).

2014 Avg (May) 1.4730

2013 Avg (May) 1.5317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4016	1.3613	1.3898
February	1.3951	1.3772	1.3864
March	1.4479	1.3945	1.4190
April	1.4450	1.4235	1.4379
May	1.5031	1.4411	1.4730
June	1.4845	1.4513	1.4670
July	1.4702	1.4523	1.4614
August	1.4638	1.4332	1.4485
September	1.4693	1.4470	1.4606
October	1.4603	1.4425	1.4535
November	1.4645	1.4532	1.4581
December	1.4628	1.4225	1.4413