2022 KES to AFN Historical Review

YEARLY HIGH

0.9311 AFN

YEARLY LOW

0.7005 AFN

YEARLY AVERAGE

0.7645 AFN

2022 KES to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KES to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.9311. Conversely, the yearly low was recorded on December 13, dropping to 0.7005.

This high-to-low spread represents a total annual volatility of 0.2306 AFN. From a start-to-finish perspective, comparing the January average rate of 0.9220 to the December average rate of 0.7108, the exchange rate registered a net change of -22.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9311 was down 10.84% compared to the 2021 peak of 1.0442, 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 4,655 AFN

2021 Average 3,801 AFN

Yearly Trough Low 3,502 AFN

Transaction Impact: A difference of 1,153.04 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9431

0.6897

JanuMarcMayJulySeptNove

KES to AFN 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 0.7987, compared to 0.7304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0683 points.

H1 Avg (Jan–Jun) 0.7987

H2 Avg (Jul–Dec) 0.7304

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0743 AFN (High: 0.8794 / Low: 0.8051). On the other end, November was the most stable month, with a tight range of 0.0160 AFN (High: 0.7296 / Low: 0.7135).

February Spread (Volatile) ±0.0743

November Spread (Stable) ±0.0160

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 0.1016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.9220) against the same month in 2021 (average: 0.7034), the exchange rate shifted by +0.2186 (+31.08%).

2022 Avg (January) 0.9220

2021 Avg (January) 0.7034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9311	0.9001	0.9220
February	0.8794	0.8051	0.8204
March	0.8062	0.7566	0.7755
April	0.7707	0.7388	0.7573
May	0.7775	0.7380	0.7578
June	0.7660	0.7445	0.7589
July	0.7619	0.7417	0.7495
August	0.7640	0.7326	0.7475
September	0.7398	0.7228	0.7347
October	0.7325	0.7054	0.7185
November	0.7296	0.7135	0.7212
December	0.7216	0.7005	0.7108