2014 GNF to KES Historical Review

YEARLY HIGH

0.0129 KES

YEARLY LOW

0.0121 KES

YEARLY AVERAGE

0.0125 KES

2014 GNF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GNF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.0129. Conversely, the yearly low was recorded on February 6, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0008 KES. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0128, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0129 was up 0.90% compared to the 2013 peak of 0.0128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 KES

2013 Average 61 KES

Yearly Trough Low 61 KES

Transaction Impact: A difference of 4.07 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0129

0.0123

JanuMarcMayJulySeptNove

GNF 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 0.0124, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0124

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0004 KES (High: 0.0126 / Low: 0.0122). On the other end, December was the most stable month, with a tight range of 0.0002 KES (High: 0.0129 / Low: 0.0128).

March Spread (Volatile) ±0.0004

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0128) against the same month in 2013 (average: 0.0124), the exchange rate shifted by +0.0004 (+3.54%).

2014 Avg (December) 0.0128

2013 Avg (December) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0122	0.0124
February	0.0124	0.0121	0.0123
March	0.0126	0.0122	0.0123
April	0.0125	0.0123	0.0124
May	0.0127	0.0123	0.0125
June	0.0127	0.0125	0.0126
July	0.0126	0.0124	0.0125
August	0.0127	0.0125	0.0126
September	0.0128	0.0126	0.0127
October	0.0128	0.0125	0.0127
November	0.0129	0.0126	0.0128
December	0.0129	0.0128	0.0128