2014 CDF to KES Historical Review

YEARLY HIGH

0.0981 KES

YEARLY LOW

0.0926 KES

YEARLY AVERAGE

0.0952 KES

2014 CDF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0981. Conversely, the yearly low was recorded on January 23, dropping to 0.0926.

This high-to-low spread represents a total annual volatility of 0.0055 KES. From a start-to-finish perspective, comparing the January average rate of 0.0933 to the December average rate of 0.0977, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0981 was up 2.63% compared to the 2013 peak of 0.0956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 491 KES

2013 Average 467 KES

Yearly Trough Low 463 KES

Transaction Impact: A difference of 27.51 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0981

0.0929

JanuMarcMayJulySeptNove

CDF 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 0.0941, compared to 0.0964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0941

H2 Avg (Jul–Dec) 0.0964

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0016 KES (High: 0.0943 / Low: 0.0926). On the other end, July was the most stable month, with a tight range of 0.0006 KES (High: 0.0955 / Low: 0.0949).

January Spread (Volatile) ±0.0016

July Spread (Stable) ±0.0006

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 2014: 0.0977) against the same month in 2013 (average: 0.0935), the exchange rate shifted by +0.0042 (+4.47%).

2014 Avg (December) 0.0977

2013 Avg (December) 0.0935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0943	0.0926	0.0933
February	0.0940	0.0932	0.0935
March	0.0943	0.0935	0.0938
April	0.0945	0.0938	0.0940
May	0.0955	0.0941	0.0948
June	0.0955	0.0946	0.0949
July	0.0955	0.0949	0.0951
August	0.0962	0.0950	0.0955
September	0.0968	0.0955	0.0962
October	0.0971	0.0961	0.0965
November	0.0976	0.0966	0.0972
December	0.0981	0.0974	0.0977