2024 BTN to KES Historical Review

YEARLY HIGH

1.9664 KES

YEARLY LOW

1.5089 KES

YEARLY AVERAGE

1.6115 KES

2024 BTN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.9664. Conversely, the yearly low was recorded on December 28, dropping to 1.5089.

This high-to-low spread represents a total annual volatility of 0.4575 KES. From a start-to-finish perspective, comparing the January average rate of 1.9227 to the December average rate of 1.5223, the exchange rate registered a net change of -20.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9664 was up 4.19% compared to the 2023 peak of 1.8874, 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 9,832 KES

2023 Average 8,472 KES

Yearly Trough Low 7,545 KES

Transaction Impact: A difference of 2,287.25 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9628

1.4823

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 1.6875, compared to 1.5355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1520 points.

H1 Avg (Jan–Jun) 1.6875

H2 Avg (Jul–Dec) 1.5355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2416 KES (High: 1.9604 / Low: 1.7188). On the other end, October was the most stable month, with a tight range of 0.0087 KES (High: 1.5397 / Low: 1.5310).

February Spread (Volatile) ±0.2416

October Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1804 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.9227) against the same month in 2023 (average: 1.5150), the exchange rate shifted by +0.4078 (+26.92%).

2024 Avg (January) 1.9227

2023 Avg (January) 1.5150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9664	1.8705	1.9227
February	1.9604	1.7188	1.8381
March	1.7741	1.5837	1.6577
April	1.6141	1.5290	1.5755
May	1.6184	1.5367	1.5782
June	1.5746	1.5368	1.5528
July	1.5743	1.5245	1.5442
August	1.5534	1.5341	1.5409
September	1.5448	1.5317	1.5386
October	1.5397	1.5310	1.5347
November	1.5405	1.5246	1.5325
December	1.5340	1.5089	1.5223