2023 KES to AED Historical Review

YEARLY HIGH

0.0298 AED

YEARLY LOW

0.0233 AED

YEARLY AVERAGE

0.0264 AED

2023 KES to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0298. Conversely, the yearly low was recorded on December 30, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0064 AED. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0238, the exchange rate registered a net change of -19.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0298 was down 8.57% compared to the 2022 peak of 0.0325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 149 AED

2022 Average 156 AED

Yearly Trough Low 117 AED

Transaction Impact: A difference of 32.05 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0302

0.0232

JanuMarcMayJulySeptNove

KES to AED 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 0.0279, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0279

H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 AED (High: 0.0289 / Low: 0.0277). On the other end, January was the most stable month, with a tight range of 0.0002 AED (High: 0.0298 / Low: 0.0295).

March Spread (Volatile) ±0.0012

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0010 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0296) against the same month in 2022 (average: 0.0324), the exchange rate shifted by -0.0028 (-8.52%).

2023 Avg (January) 0.0296

2022 Avg (January) 0.0324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0298	0.0295	0.0296
February	0.0295	0.0289	0.0292
March	0.0289	0.0277	0.0283
April	0.0277	0.0270	0.0273
May	0.0272	0.0265	0.0268
June	0.0267	0.0261	0.0263
July	0.0266	0.0258	0.0260
August	0.0258	0.0253	0.0256
September	0.0253	0.0248	0.0250
October	0.0250	0.0244	0.0246
November	0.0246	0.0240	0.0242
December	0.0241	0.0233	0.0238