2011 KES to BIF Historical Review

YEARLY HIGH

15.6364 BIF

YEARLY LOW

11.5373 BIF

YEARLY AVERAGE

13.6767 BIF

2011 KES to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KES to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 15.6364. Conversely, the yearly low was recorded on October 11, dropping to 11.5373.

This high-to-low spread represents a total annual volatility of 4.0990 BIF. From a start-to-finish perspective, comparing the January average rate of 14.0173 to the December average rate of 14.9253, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.6364 was up 3.02% compared to the 2010 peak of 15.1783, 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 78,182 BIF

2010 Average 71,774 BIF

Yearly Trough Low 57,687 BIF

Transaction Impact: A difference of 20,495.16 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.1997

11.9066

JanuMarcMayJulySeptNove

KES to BIF 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 14.0184, compared to 13.3350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6834 points.

H1 Avg (Jan–Jun) 14.0184

H2 Avg (Jul–Dec) 13.3350

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 1.8974 BIF (High: 15.6364 / Low: 13.7390). On the other end, January was the most stable month, with a tight range of 0.1281 BIF (High: 14.0769 / Low: 13.9488).

December Spread (Volatile) ±1.8974

January Spread (Stable) ±0.1281

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5872 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 14.9253) against the same month in 2010 (average: 14.0868), the exchange rate shifted by +0.8385 (+5.95%).

2011 Avg (December) 14.9253

2010 Avg (December) 14.0868

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0769	13.9488	14.0173
February	14.0375	13.8004	13.9523
March	13.7716	13.2581	13.4862
April	14.7209	13.6242	14.5019
May	14.7126	14.0523	14.3652
June	14.2606	13.3954	13.7876
July	13.8803	13.4158	13.6465
August	13.4874	12.9282	13.2202
September	13.1544	11.9928	12.7682
October	12.4145	11.5373	12.1811
November	13.8539	12.5443	13.2688
December	15.6364	13.7390	14.9253