YEARLY HIGH
2.6064 KES
YEARLY LOW
2.3457 KES
YEARLY AVERAGE
2.4205 KES

2016 GMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 2.6064. Conversely, the yearly low was recorded on May 7, dropping to 2.3457.

This high-to-low spread represents a total annual volatility of 0.2607 KES. From a start-to-finish perspective, comparing the January average rate of 2.5911 to the December average rate of 2.3867, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6064 was down 4.08% compared to the 2015 peak of 2.7173, 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 13,032 KES
2015 Average 11,970 KES
Yearly Trough Low 11,728 KES
Transaction Impact: A difference of 1,303.46 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6145
2.3331
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 2.4625, compared to 2.3785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0840 points.

H1 Avg (Jan–Jun) 2.4625
H2 Avg (Jul–Dec) 2.3785

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.2245 KES (High: 2.5938 / Low: 2.3693). On the other end, October was the most stable month, with a tight range of 0.0143 KES (High: 2.3821 / Low: 2.3678).

March Spread (Volatile) ±0.2245
October Spread (Stable) ±0.0143

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 March and April, when the average rate fell by 0.1275 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.5911) against the same month in 2015 (average: 2.1272), the exchange rate shifted by +0.4638 (+21.80%).

2016 Avg (January) 2.5911
2015 Avg (January) 2.1272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6064 2.5796 2.5911
February 2.6003 2.5680 2.5833
March 2.5938 2.3693 2.5008
April 2.3873 2.3625 2.3734
May 2.3721 2.3457 2.3566
June 2.3863 2.3601 2.3696
July 2.3801 2.3633 2.3733
August 2.3945 2.3631 2.3771
September 2.3849 2.3698 2.3762
October 2.3821 2.3678 2.3747
November 2.4006 2.3686 2.3828
December 2.4072 2.3553 2.3867