2014 KES to BAM Historical Review

YEARLY HIGH

0.0178 BAM

YEARLY LOW

0.0161 BAM

YEARLY AVERAGE

0.0168 BAM

2014 KES to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0178. Conversely, the yearly low was recorded on May 6, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0017 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 0.0176, the exchange rate registered a net change of 5.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0178 was down 1.98% compared to the 2013 peak of 0.0182, 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 89 BAM

2013 Average 86 BAM

Yearly Trough Low 81 BAM

Transaction Impact: A difference of 8.37 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0177

0.0162

JanuMarcMayJulySeptNove

KES to BAM 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 0.0164, compared to 0.0171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0164

H2 Avg (Jul–Dec) 0.0171

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0006 BAM (High: 0.0173 / Low: 0.0168). On the other end, June was the most stable month, with a tight range of 0.0001 BAM (High: 0.0165 / Low: 0.0163).

September Spread (Volatile) ±0.0006

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0176) against the same month in 2013 (average: 0.0165), the exchange rate shifted by +0.0010 (+6.20%).

2014 Avg (December) 0.0176

2013 Avg (December) 0.0165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0168	0.0165	0.0167
February	0.0168	0.0165	0.0166
March	0.0165	0.0162	0.0164
April	0.0165	0.0162	0.0163
May	0.0164	0.0161	0.0163
June	0.0165	0.0163	0.0164
July	0.0166	0.0163	0.0165
August	0.0168	0.0166	0.0167
September	0.0173	0.0168	0.0171
October	0.0175	0.0172	0.0173
November	0.0175	0.0173	0.0174
December	0.0178	0.0173	0.0176