YEARLY HIGH
0.0115 KES
YEARLY LOW
0.0110 KES
YEARLY AVERAGE
0.0112 KES

2018 GNF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0115. Conversely, the yearly low was recorded on July 22, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0005 KES. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0112, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0115 was down 1.56% compared to the 2017 peak of 0.0117, 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 58 KES
2017 Average 57 KES
Yearly Trough Low 55 KES
Transaction Impact: A difference of 2.66 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0114
0.0111
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 0.0112, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0112
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0003 KES (High: 0.0113 / Low: 0.0110). On the other end, June was the most stable month, with a tight range of 0.0001 KES (High: 0.0112 / Low: 0.0111).

December Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0114) against the same month in 2017 (average: 0.0111), the exchange rate shifted by +0.0003 (+3.10%).

2018 Avg (January) 0.0114
2017 Avg (January) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0115 0.0113 0.0114
February 0.0113 0.0112 0.0113
March 0.0113 0.0112 0.0112
April 0.0113 0.0111 0.0112
May 0.0113 0.0111 0.0112
June 0.0112 0.0111 0.0112
July 0.0112 0.0110 0.0111
August 0.0113 0.0110 0.0111
September 0.0112 0.0110 0.0111
October 0.0112 0.0111 0.0111
November 0.0114 0.0111 0.0112
December 0.0113 0.0110 0.0112