2015 GNF to KES Historical Review

YEARLY HIGH

0.0146 KES

YEARLY LOW

0.0125 KES

YEARLY AVERAGE

0.0134 KES

2015 GNF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GNF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0146. Conversely, the yearly low was recorded on March 19, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0021 KES. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0132, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0146 was up 12.83% compared to the 2014 peak of 0.0129, 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 73 KES

2014 Average 63 KES

Yearly Trough Low 63 KES

Transaction Impact: A difference of 10.30 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0146

0.0125

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 0.0129, compared to 0.0138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0129

H2 Avg (Jul–Dec) 0.0138

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 0.0012 KES (High: 0.0140 / Low: 0.0128). On the other end, February was the most stable month, with a tight range of 0.0002 KES (High: 0.0128 / Low: 0.0126).

November Spread (Volatile) ±0.0012

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0144) against the same month in 2014 (average: 0.0127), the exchange rate shifted by +0.0018 (+13.92%).

2015 Avg (September) 0.0144

2014 Avg (September) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0131	0.0128	0.0129
February	0.0128	0.0126	0.0127
March	0.0128	0.0125	0.0127
April	0.0132	0.0126	0.0128
May	0.0134	0.0129	0.0131
June	0.0136	0.0130	0.0133
July	0.0142	0.0131	0.0138
August	0.0144	0.0137	0.0141
September	0.0146	0.0142	0.0144
October	0.0146	0.0137	0.0140
November	0.0140	0.0128	0.0132
December	0.0134	0.0132	0.0132