2019 BTN to KES Historical Review

YEARLY HIGH

1.5137 KES

YEARLY LOW

1.3957 KES

YEARLY AVERAGE

1.4496 KES

2019 BTN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BTN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 1.5137. Conversely, the yearly low was recorded on February 4, dropping to 1.3957.

This high-to-low spread represents a total annual volatility of 0.1180 KES. From a start-to-finish perspective, comparing the January average rate of 1.4385 to the December average rate of 1.4252, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.5137 was down 7.28% compared to the 2018 peak of 1.6326, 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 7,569 KES

2018 Average 7,422 KES

Yearly Trough Low 6,979 KES

Transaction Impact: A difference of 589.91 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.5111

1.4002

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 1.4436, compared to 1.4556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 1.4436

H2 Avg (Jul–Dec) 1.4556

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0562 KES (High: 1.4947 / Low: 1.4385). On the other end, October was the most stable month, with a tight range of 0.0169 KES (High: 1.4667 / Low: 1.4498).

August Spread (Volatile) ±0.0562

October Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0447 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 1.5019) against the same month in 2018 (average: 1.4657), the exchange rate shifted by +0.0362 (+2.47%).

2019 Avg (July) 1.5019

2018 Avg (July) 1.4657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4661	1.4116	1.4385
February	1.4211	1.3957	1.4095
March	1.4696	1.4136	1.4446
April	1.4688	1.4466	1.4548
May	1.4587	1.4346	1.4504
June	1.4804	1.4507	1.4639
July	1.5137	1.4818	1.5019
August	1.4947	1.4385	1.4571
September	1.4724	1.4365	1.4568
October	1.4667	1.4498	1.4601
November	1.4605	1.4087	1.4328
December	1.4374	1.4125	1.4252