YEARLY HIGH
17.9383 BIF
YEARLY LOW
16.6964 BIF
YEARLY AVERAGE
17.3245 BIF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KES based on timing:

Yearly Peak High 89,692 BIF
2021 Average 90,035 BIF
Yearly Trough Low 83,482 BIF
Transaction Impact: A difference of 6,209.93 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

17.7821
16.7115
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 17.5947, 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.

H1 Avg (Jan–Jun) 17.5947
H2 Avg (Jul–Dec) 17.0544

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±0.4267
February Spread (Stable) ±0.1732

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1765

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (March) 17.6929
2021 Avg (March) 17.8251

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