2022 KES to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 KES to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the KES to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 17.9383. Conversely, the yearly low was recorded on December 31, dropping to 16.6964.
This high-to-low spread represents a total annual volatility of 1.2420 BIF. From a start-to-finish perspective, comparing the January average rate of 17.6572 to the December average rate of 16.8008, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 17.9383 was down 3.16% compared to the 2021 peak of 18.5236, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KES based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.5947, compared to 17.0544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5403 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.4267 BIF (High: 17.8338 / Low: 17.4071). On the other end, February was the most stable month, with a tight range of 0.1732 BIF (High: 17.7397 / Low: 17.5664).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1765 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 17.6929) against the same month in 2021 (average: 17.8251), the exchange rate shifted by -0.1322 (-0.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.7675 | 17.4181 | 17.6572 |
| February | 17.7397 | 17.5664 | 17.6558 |
| March | 17.9383 | 17.5261 | 17.6929 |
| April | 17.8338 | 17.4071 | 17.6008 |
| May | 17.6122 | 17.2677 | 17.4897 |
| June | 17.6883 | 17.2994 | 17.4719 |
| July | 17.4573 | 17.1585 | 17.3715 |
| August | 17.3713 | 17.0583 | 17.1950 |
| September | 17.2250 | 16.9190 | 17.0587 |
| October | 17.1874 | 16.8810 | 17.0027 |
| November | 17.0029 | 16.8072 | 16.8975 |
| December | 16.9100 | 16.6964 | 16.8008 |