YEARLY HIGH
151.3994 KES
YEARLY LOW
120.9994 KES
YEARLY AVERAGE
136.7001 KES

2020 FKP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 151.3994. Conversely, the yearly low was recorded on March 19, dropping to 120.9994.

This high-to-low spread represents a total annual volatility of 30.4000 KES. From a start-to-finish perspective, comparing the January average rate of 132.1847 to the December average rate of 148.5969, the exchange rate registered a net change of 12.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 151.3994 was up 10.49% compared to the 2019 peak of 137.0202, 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 756,997 KES
2019 Average 651,193 KES
Yearly Trough Low 604,997 KES
Transaction Impact: A difference of 151,999.94 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

150.6176
126.3688
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 131.3049, compared to 142.0952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.7903 points.

H1 Avg (Jan–Jun) 131.3049
H2 Avg (Jul–Dec) 142.0952

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 13.5131 KES (High: 134.5126 / Low: 120.9994). On the other end, February was the most stable month, with a tight range of 2.8764 KES (High: 132.5081 / Low: 129.6317).

March Spread (Volatile) ±13.5131
February Spread (Stable) ±2.8764

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 2.3726 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 148.5969) against the same month in 2019 (average: 133.0013), the exchange rate shifted by +15.5956 (+11.73%).

2020 Avg (December) 148.5969
2019 Avg (December) 133.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 134.8274 131.1358 132.1847
February 132.5081 129.6317 130.7621
March 134.5126 120.9994 128.3895
April 134.9087 129.4860 132.1308
May 134.1465 129.4057 131.2119
June 135.4473 131.1699 133.1507
July 141.3185 132.7059 135.9604
August 144.6045 140.9293 142.0662
September 145.1074 137.8070 140.4352
October 142.7020 139.7250 141.0081
November 147.0726 140.5312 144.5046
December 151.3994 146.5058 148.5969