2024 KES to BIF Historical Review

YEARLY HIGH

22.9621 BIF

YEARLY LOW

17.4745 BIF

YEARLY AVERAGE

21.5242 BIF

2024 KES to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 22.9621. Conversely, the yearly low was recorded on January 25, dropping to 17.4745.

This high-to-low spread represents a total annual volatility of 5.4876 BIF. From a start-to-finish perspective, comparing the January average rate of 17.8619 to the December average rate of 22.7943, the exchange rate registered a net change of 27.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.9621 was up 11.78% compared to the 2023 peak of 20.5426, 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 114,810 BIF

2023 Average 90,719 BIF

Yearly Trough Low 87,373 BIF

Transaction Impact: A difference of 27,437.92 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.2875

17.3687

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 20.5545, compared to 22.4940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9395 points.

H1 Avg (Jan–Jun) 20.5545

H2 Avg (Jul–Dec) 22.4940

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2.5229 BIF (High: 20.0301 / Low: 17.5072). On the other end, September was the most stable month, with a tight range of 0.1393 BIF (High: 22.4881 / Low: 22.3488).

February Spread (Volatile) ±2.5229

September Spread (Stable) ±0.1393

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0079 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 22.6001) against the same month in 2023 (average: 18.6913), the exchange rate shifted by +3.9088 (+20.91%).

2024 Avg (November) 22.6001

2023 Avg (November) 18.6913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2373	17.4745	17.8619
February	20.0301	17.5072	18.8000
March	21.6890	19.5034	20.8276
April	22.4951	21.3146	21.8273
May	22.3792	21.2542	21.8194
June	22.4125	21.9052	22.1905
July	22.5989	21.8705	22.3103
August	22.4350	22.1346	22.3024
September	22.4881	22.3488	22.4430
October	22.8690	22.4185	22.5139
November	22.9621	22.3552	22.6001
December	22.9062	22.3985	22.7943