YEARLY HIGH
155.5497 KES
YEARLY LOW
129.4963 KES
YEARLY AVERAGE
145.7209 KES

2022 FKP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 155.5497. Conversely, the yearly low was recorded on September 27, dropping to 129.4963.

This high-to-low spread represents a total annual volatility of 26.0534 KES. From a start-to-finish perspective, comparing the January average rate of 153.7054 to the December average rate of 149.7747, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 155.5497 was up 0.15% compared to the 2021 peak of 155.3164, 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 777,748 KES
2021 Average 754,171 KES
Yearly Trough Low 647,481 KES
Transaction Impact: A difference of 130,267.05 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

155.6077
134.7632
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 149.5029, compared to 141.9388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5641 points.

H1 Avg (Jan–Jun) 149.5029
H2 Avg (Jul–Dec) 141.9388

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 12.5480 KES (High: 148.1795 / Low: 135.6315). On the other end, February was the most stable month, with a tight range of 3.2612 KES (High: 154.7558 / Low: 151.4945).

November Spread (Volatile) ±12.5480
February Spread (Stable) ±3.2612

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 6.5298 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.5298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 153.7054) against the same month in 2021 (average: 149.9647), the exchange rate shifted by +3.7407 (+2.49%).

2022 Avg (January) 153.7054
2021 Avg (January) 149.9647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 155.5497 152.0663 153.7054
February 154.7558 151.4945 153.8707
March 152.5517 148.5640 150.6383
April 151.4130 144.2615 149.4833
May 147.5404 141.7069 144.8036
June 147.2061 140.7662 144.5164
July 144.8287 140.0355 142.1510
August 145.8897 139.3375 143.0300
September 140.7790 129.4963 136.5003
October 140.9879 132.5551 136.7677
November 148.1795 135.6315 143.4092
December 152.6828 148.2602 149.7747