2018 KES to BIF Historical Review

YEARLY HIGH

17.9939 BIF

YEARLY LOW

16.9782 BIF

YEARLY AVERAGE

17.5514 BIF

2018 KES to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 17.9939. Conversely, the yearly low was recorded on January 14, dropping to 16.9782.

This high-to-low spread represents a total annual volatility of 1.0157 BIF. From a start-to-finish perspective, comparing the January average rate of 17.1388 to the December average rate of 17.6875, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 17.9939 was up 4.83% compared to the 2017 peak of 17.1653, 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 89,969 BIF

2017 Average 83,308 BIF

Yearly Trough Low 84,891 BIF

Transaction Impact: A difference of 5,078.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

17.7799

17.0805

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 17.4625, compared to 17.6404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1779 points.

H1 Avg (Jan–Jun) 17.4625

H2 Avg (Jul–Dec) 17.6404

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.6017 BIF (High: 17.9100 / Low: 17.3083). On the other end, September was the most stable month, with a tight range of 0.1732 BIF (High: 17.7161 / Low: 17.5429).

November Spread (Volatile) ±0.6017

September Spread (Stable) ±0.1732

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 October and November, when the average rate fell by 0.1299 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 17.6875) against the same month in 2017 (average: 17.0586), the exchange rate shifted by +0.6290 (+3.69%).

2018 Avg (December) 17.6875

2017 Avg (December) 17.0586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.3110	16.9782	17.1388
February	17.5686	17.2846	17.4047
March	17.6677	17.3253	17.4616
April	17.8295	17.4040	17.6116
May	17.7570	17.3190	17.6034
June	17.7093	17.3951	17.5551
July	17.8571	17.4009	17.5981
August	17.8013	17.4968	17.6353
September	17.7161	17.5429	17.6080
October	17.9579	17.4697	17.7217
November	17.9100	17.3083	17.5918
December	17.9939	17.4342	17.6875