YEARLY HIGH
145.4798 KES
YEARLY LOW
127.9429 KES
YEARLY AVERAGE
135.2599 KES

2018 FKP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 145.4798. Conversely, the yearly low was recorded on August 15, dropping to 127.9429.

This high-to-low spread represents a total annual volatility of 17.5369 KES. From a start-to-finish perspective, comparing the January average rate of 142.1582 to the December average rate of 129.4666, the exchange rate registered a net change of -8.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 145.4798 was up 3.72% compared to the 2017 peak of 140.2657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 727,399 KES
2017 Average 666,337 KES
Yearly Trough Low 639,714 KES
Transaction Impact: A difference of 87,684.49 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

143.4273
128.1974
JanuMarcMayJulySeptNove

FKP 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 139.4009, compared to 131.1189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2820 points.

H1 Avg (Jan–Jun) 139.4009
H2 Avg (Jul–Dec) 131.1189

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 6.2476 KES (High: 145.4798 / Low: 139.2322). On the other end, May was the most stable month, with a tight range of 2.6064 KES (High: 136.9465 / Low: 134.3401).

January Spread (Volatile) ±6.2476
May Spread (Stable) ±2.6064

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.9503 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.9503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 142.1582) against the same month in 2017 (average: 128.0973), the exchange rate shifted by +14.0609 (+10.98%).

2018 Avg (January) 142.1582
2017 Avg (January) 128.0973

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 145.4798 139.2322 142.1582
February 145.3584 139.2990 141.6662
March 143.7360 139.5785 141.3170
April 144.2765 138.1166 141.4618
May 136.9465 134.3401 135.5115
June 135.5549 132.2173 134.2906
July 134.1363 131.2051 132.6142
August 132.0442 127.9429 129.5618
September 133.7633 129.5363 131.5093
October 133.5271 129.4133 131.5848
November 133.8073 130.6080 131.9766
December 131.1374 127.9841 129.4666