YEARLY HIGH
0.0162 BBD
YEARLY LOW
0.0127 BBD
YEARLY AVERAGE
0.0144 BBD

2023 KES to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0162. Conversely, the yearly low was recorded on December 30, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0035 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0129, the exchange rate registered a net change of -19.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0162 was down 8.56% compared to the 2022 peak of 0.0177, 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 81 BBD
2022 Average 85 BBD
Yearly Trough Low 64 BBD
Transaction Impact: A difference of 17.46 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0165
0.0126
JanuMarcMayJulySeptNove

KES to BBD 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 0.0152, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 BBD (High: 0.0157 / Low: 0.0151). On the other end, January was the most stable month, with a tight range of 0.0001 BBD (High: 0.0162 / Low: 0.0161).

March Spread (Volatile) ±0.0006
January Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0161) against the same month in 2022 (average: 0.0176), the exchange rate shifted by -0.0015 (-8.52%).

2023 Avg (January) 0.0161
2022 Avg (January) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0162 0.0161 0.0161
February 0.0161 0.0157 0.0159
March 0.0157 0.0151 0.0154
April 0.0151 0.0147 0.0149
May 0.0148 0.0144 0.0146
June 0.0145 0.0142 0.0143
July 0.0145 0.0140 0.0141
August 0.0141 0.0138 0.0139
September 0.0138 0.0135 0.0136
October 0.0136 0.0133 0.0134
November 0.0134 0.0131 0.0132
December 0.0131 0.0127 0.0129