2022 GMD to KES Historical Review

YEARLY HIGH

2.2119 KES

YEARLY LOW

1.9654 KES

YEARLY AVERAGE

2.1326 KES

2022 GMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 2.2119. Conversely, the yearly low was recorded on December 1, dropping to 1.9654.

This high-to-low spread represents a total annual volatility of 0.2465 KES. From a start-to-finish perspective, comparing the January average rate of 2.1475 to the December average rate of 1.9824, the exchange rate registered a net change of -7.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2119 was up 2.56% compared to the 2021 peak of 2.1567, 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 11,060 KES

2021 Average 10,644 KES

Yearly Trough Low 9,827 KES

Transaction Impact: A difference of 1,232.53 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2217

1.9606

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 2.1486, compared to 2.1165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 2.1486

H2 Avg (Jul–Dec) 2.1165

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.1101 KES (High: 2.1820 / Low: 2.0719). On the other end, April was the most stable month, with a tight range of 0.0212 KES (High: 2.1534 / Low: 2.1322).

October Spread (Volatile) ±0.1101

April Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1422 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.1977) against the same month in 2021 (average: 2.1421), the exchange rate shifted by +0.0556 (+2.60%).

2022 Avg (September) 2.1977

2021 Avg (September) 2.1421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1606	2.1359	2.1475
February	2.1479	2.1255	2.1401
March	2.1512	2.0977	2.1378
April	2.1534	2.1322	2.1417
May	2.1678	2.1404	2.1555
June	2.1816	2.1569	2.1692
July	2.2080	2.1791	2.1900
August	2.2109	2.1733	2.1999
September	2.2119	2.1789	2.1977
October	2.1820	2.0719	2.1355
November	2.0740	1.9720	1.9933
December	1.9935	1.9654	1.9824