YEARLY HIGH
0.0157 BBD
YEARLY LOW
0.0122 BBD
YEARLY AVERAGE
0.0149 BBD

2024 KES to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0157. Conversely, the yearly low was recorded on February 4, dropping to 0.0122.

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 0.0125 to the December average rate of 0.0155, 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 0.0157 was down 2.93% compared to the 2023 peak of 0.0162, 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 79 BBD
2023 Average 72 BBD
Yearly Trough Low 61 BBD
Transaction Impact: A difference of 17.68 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0158
0.0122
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 0.0143, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0143
H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0018 BBD (High: 0.0140 / Low: 0.0122). On the other end, October was the most stable month, with a tight range of 0.0000 BBD (High: 0.0155 / Low: 0.0155).

February Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0155) against the same month in 2023 (average: 0.0141), the exchange rate shifted by +0.0014 (+9.58%).

2024 Avg (July) 0.0155
2023 Avg (July) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0122 0.0125
February 0.0140 0.0122 0.0131
March 0.0152 0.0136 0.0146
April 0.0157 0.0149 0.0152
May 0.0156 0.0148 0.0152
June 0.0156 0.0152 0.0154
July 0.0157 0.0152 0.0155
August 0.0156 0.0154 0.0155
September 0.0156 0.0155 0.0155
October 0.0155 0.0155 0.0155
November 0.0155 0.0154 0.0155
December 0.0156 0.0154 0.0155