2023 CRC to KES Historical Review

YEARLY HIGH

0.3022 KES

YEARLY LOW

0.2086 KES

YEARLY AVERAGE

0.2587 KES

2023 CRC to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3022. Conversely, the yearly low was recorded on January 2, dropping to 0.2086.

This high-to-low spread represents a total annual volatility of 0.0936 KES. From a start-to-finish perspective, comparing the January average rate of 0.2158 to the December average rate of 0.2941, the exchange rate registered a net change of 36.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3022 was up 42.30% compared to the 2022 peak of 0.2124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,511 KES

2022 Average 916 KES

Yearly Trough Low 1,043 KES

Transaction Impact: A difference of 468.12 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3020

0.2080

JanuMarcMayJulySeptNove

CRC 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 0.2401, compared to 0.2774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 0.2401

H2 Avg (Jul–Dec) 0.2774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0175 KES (High: 0.2456 / Low: 0.2281). On the other end, November was the most stable month, with a tight range of 0.0060 KES (High: 0.2891 / Low: 0.2831).

March Spread (Volatile) ±0.0175

November Spread (Stable) ±0.0060

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 2023: 0.2941) against the same month in 2022 (average: 0.2087), the exchange rate shifted by +0.0854 (+40.94%).

2023 Avg (December) 0.2941

2022 Avg (December) 0.2087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2254	0.2086	0.2158
February	0.2275	0.2151	0.2224
March	0.2456	0.2281	0.2375
April	0.2556	0.2451	0.2509
May	0.2583	0.2499	0.2553
June	0.2611	0.2542	0.2585
July	0.2656	0.2564	0.2618
August	0.2712	0.2613	0.2671
September	0.2776	0.2691	0.2741
October	0.2841	0.2766	0.2806
November	0.2891	0.2831	0.2864
December	0.3022	0.2878	0.2941