2014 GMD to KES Historical Review

YEARLY HIGH

2.2915 KES

YEARLY LOW

2.0653 KES

YEARLY AVERAGE

2.2062 KES

2014 GMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.2915. Conversely, the yearly low was recorded on November 6, dropping to 2.0653.

This high-to-low spread represents a total annual volatility of 0.2262 KES. From a start-to-finish perspective, comparing the January average rate of 2.2650 to the December average rate of 2.0979, the exchange rate registered a net change of -7.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2915 was down 14.98% compared to the 2013 peak of 2.6953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,458 KES

2013 Average 12,747 KES

Yearly Trough Low 10,327 KES

Transaction Impact: A difference of 1,130.93 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2873

2.0676

JanuMarcMayJulySeptNove

GMD 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 2.2397, compared to 2.1727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0670 points.

H1 Avg (Jan–Jun) 2.2397

H2 Avg (Jul–Dec) 2.1727

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1918 KES (High: 2.2602 / Low: 2.0684). On the other end, March was the most stable month, with a tight range of 0.0159 KES (High: 2.2741 / Low: 2.2583).

October Spread (Volatile) ±0.1918

March Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0930 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.2650) against the same month in 2013 (average: 2.6008), the exchange rate shifted by -0.3358 (-12.91%).

2014 Avg (January) 2.2650

2013 Avg (January) 2.6008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2915	2.2440	2.2650
February	2.2734	2.2437	2.2615
March	2.2741	2.2583	2.2690
April	2.2815	2.1848	2.2317
May	2.2164	2.1912	2.2038
June	2.2218	2.1931	2.2073
July	2.2280	2.2063	2.2147
August	2.2298	2.2122	2.2186
September	2.2577	2.2162	2.2402
October	2.2602	2.0684	2.1789
November	2.0936	2.0653	2.0859
December	2.1105	2.0916	2.0979