YEARLY HIGH
0.0289 AED
YEARLY LOW
0.0224 AED
YEARLY AVERAGE
0.0274 AED

2024 KES to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0289. Conversely, the yearly low was recorded on February 4, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0065 AED. From a start-to-finish perspective, comparing the January average rate of 0.0230 to the December average rate of 0.0284, the exchange rate registered a net change of 23.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0289 was down 2.92% compared to the 2023 peak of 0.0298, 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 144 AED
2023 Average 132 AED
Yearly Trough Low 112 AED
Transaction Impact: A difference of 32.47 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0290
0.0224
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 0.0264, compared to 0.0284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0264
H2 Avg (Jul–Dec) 0.0284

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0033 AED (High: 0.0257 / Low: 0.0224). On the other end, October was the most stable month, with a tight range of 0.0001 AED (High: 0.0285 / Low: 0.0284).

February Spread (Volatile) ±0.0033
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0285) against the same month in 2023 (average: 0.0260), the exchange rate shifted by +0.0025 (+9.58%).

2024 Avg (July) 0.0285
2023 Avg (July) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0236 0.0225 0.0230
February 0.0257 0.0224 0.0241
March 0.0278 0.0250 0.0267
April 0.0289 0.0273 0.0280
May 0.0287 0.0272 0.0279
June 0.0286 0.0280 0.0283
July 0.0289 0.0279 0.0285
August 0.0286 0.0283 0.0284
September 0.0286 0.0284 0.0285
October 0.0285 0.0284 0.0285
November 0.0285 0.0283 0.0284
December 0.0286 0.0283 0.0284