YEARLY HIGH
0.0146 BGN
YEARLY LOW
0.0110 BGN
YEARLY AVERAGE
0.0135 BGN

2024 KES to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0146. Conversely, the yearly low was recorded on January 24, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0036 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0144, the exchange rate registered a net change of 28.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0146 was down 3.06% compared to the 2023 peak of 0.0150, 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 73 BGN
2023 Average 65 BGN
Yearly Trough Low 55 BGN
Transaction Impact: A difference of 17.76 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0148
0.0109
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 0.0130, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0017 BGN (High: 0.0127 / Low: 0.0111). On the other end, September was the most stable month, with a tight range of 0.0002 BGN (High: 0.0138 / Low: 0.0136).

February Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0144) against the same month in 2023 (average: 0.0116), the exchange rate shifted by +0.0028 (+24.51%).

2024 Avg (December) 0.0144
2023 Avg (December) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0115 0.0110 0.0112
February 0.0127 0.0111 0.0119
March 0.0137 0.0123 0.0131
April 0.0144 0.0136 0.0139
May 0.0141 0.0135 0.0138
June 0.0143 0.0137 0.0140
July 0.0142 0.0137 0.0140
August 0.0140 0.0135 0.0137
September 0.0138 0.0136 0.0137
October 0.0141 0.0137 0.0139
November 0.0146 0.0139 0.0142
December 0.0146 0.0143 0.0144