2024 CDF to KES Historical Review

YEARLY HIGH

0.0608 KES

YEARLY LOW

0.0446 KES

YEARLY AVERAGE

0.0479 KES

2024 CDF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0608. Conversely, the yearly low was recorded on July 14, dropping to 0.0446.

This high-to-low spread represents a total annual volatility of 0.0162 KES. From a start-to-finish perspective, comparing the January average rate of 0.0587 to the December average rate of 0.0453, the exchange rate registered a net change of -22.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0608 was down 9.30% compared to the 2023 peak of 0.0670, 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 304 KES

2023 Average 300 KES

Yearly Trough Low 223 KES

Transaction Impact: A difference of 81.17 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0601

0.0438

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 0.0506, compared to 0.0453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0506

H2 Avg (Jul–Dec) 0.0453

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0077 KES (High: 0.0594 / Low: 0.0517). On the other end, September was the most stable month, with a tight range of 0.0004 KES (High: 0.0454 / Low: 0.0450).

February Spread (Volatile) ±0.0077

September Spread (Stable) ±0.0004

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 0.0058 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0587) against the same month in 2023 (average: 0.0605), the exchange rate shifted by -0.0018 (-2.97%).

2024 Avg (January) 0.0587

2023 Avg (January) 0.0605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0608	0.0575	0.0587
February	0.0594	0.0517	0.0553
March	0.0531	0.0474	0.0496
April	0.0481	0.0457	0.0470
May	0.0485	0.0459	0.0471
June	0.0467	0.0451	0.0458
July	0.0463	0.0446	0.0454
August	0.0459	0.0450	0.0453
September	0.0454	0.0450	0.0453
October	0.0455	0.0448	0.0452
November	0.0454	0.0449	0.0452
December	0.0456	0.0450	0.0453