2014 KES to BIF Historical Review

YEARLY HIGH

18.1700 BIF

YEARLY LOW

17.1530 BIF

YEARLY AVERAGE

17.6568 BIF

2014 KES to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 18.1700. Conversely, the yearly low was recorded on October 5, dropping to 17.1530.

This high-to-low spread represents a total annual volatility of 1.0170 BIF. From a start-to-finish perspective, comparing the January average rate of 17.9552 to the December average rate of 17.3018, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.1700 was down 3.77% compared to the 2013 peak of 18.8816, 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 90,850 BIF

2013 Average 90,005 BIF

Yearly Trough Low 85,765 BIF

Transaction Impact: A difference of 5,085.05 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.0444

17.2343

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 17.8455, compared to 17.4680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3774 points.

H1 Avg (Jan–Jun) 17.8455

H2 Avg (Jul–Dec) 17.4680

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.5341 BIF (High: 17.6871 / Low: 17.1530). On the other end, March was the most stable month, with a tight range of 0.1462 BIF (High: 17.9916 / Low: 17.8453).

October Spread (Volatile) ±0.5341

March Spread (Stable) ±0.1462

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1548 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 17.9552) against the same month in 2013 (average: 17.4493), the exchange rate shifted by +0.5059 (+2.90%).

2014 Avg (January) 17.9552

2013 Avg (January) 17.4493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.1700	17.7762	17.9552
February	18.0637	17.8016	17.9769
March	17.9916	17.8453	17.9402
April	17.9675	17.7557	17.8531
May	17.8820	17.5596	17.6983
June	17.7684	17.5488	17.6493
July	17.7146	17.5038	17.6489
August	17.6948	17.4065	17.5806
September	17.5455	17.3329	17.4331
October	17.6871	17.1530	17.4773
November	17.4966	17.2940	17.3666
December	17.4194	17.1617	17.3018