YEARLY HIGH
0.0114 KES
YEARLY LOW
0.0106 KES
YEARLY AVERAGE
0.0111 KES

2019 GNF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0114. Conversely, the yearly low was recorded on December 25, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0009 KES. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0107, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0114 was down 0.84% compared to the 2018 peak of 0.0115, 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 57 KES
2018 Average 56 KES
Yearly Trough Low 53 KES
Transaction Impact: A difference of 4.27 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0113
0.0106
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 0.0110, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0110
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0007 KES (High: 0.0113 / Low: 0.0107). On the other end, September was the most stable month, with a tight range of 0.0001 KES (High: 0.0113 / Low: 0.0112).

November Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0112) against the same month in 2018 (average: 0.0111), the exchange rate shifted by +0.0001 (+0.91%).

2019 Avg (August) 0.0112
2018 Avg (August) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0112 0.0110 0.0111
February 0.0110 0.0108 0.0109
March 0.0111 0.0108 0.0109
April 0.0111 0.0109 0.0110
May 0.0111 0.0110 0.0110
June 0.0111 0.0109 0.0111
July 0.0113 0.0111 0.0112
August 0.0114 0.0112 0.0112
September 0.0113 0.0112 0.0113
October 0.0113 0.0112 0.0112
November 0.0113 0.0107 0.0110
December 0.0108 0.0106 0.0107