2023 KES to BGN Historical Review

YEARLY HIGH

0.0150 BGN

YEARLY LOW

0.0112 BGN

YEARLY AVERAGE

0.0130 BGN

2023 KES to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0150. Conversely, the yearly low was recorded on December 30, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0038 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0116, the exchange rate registered a net change of -20.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0150 was down 11.03% compared to the 2022 peak of 0.0169, 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 75 BGN

2022 Average 79 BGN

Yearly Trough Low 56 BGN

Transaction Impact: A difference of 18.95 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0149

0.0113

JanuMarcMayJulySeptNove

KES to BGN 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 0.0138, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0138

H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0009 BGN (High: 0.0145 / Low: 0.0136). On the other end, September was the most stable month, with a tight range of 0.0002 BGN (High: 0.0126 / Low: 0.0124).

March Spread (Volatile) ±0.0009

September Spread (Stable) ±0.0002

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 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0146) against the same month in 2022 (average: 0.0152), the exchange rate shifted by -0.0006 (-3.96%).

2023 Avg (January) 0.0146

2022 Avg (January) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0150	0.0144	0.0146
February	0.0146	0.0144	0.0146
March	0.0145	0.0136	0.0141
April	0.0136	0.0130	0.0133
May	0.0132	0.0130	0.0131
June	0.0133	0.0127	0.0129
July	0.0130	0.0123	0.0125
August	0.0127	0.0123	0.0125
September	0.0126	0.0124	0.0125
October	0.0126	0.0122	0.0124
November	0.0123	0.0116	0.0119
December	0.0119	0.0112	0.0116