2023 KES to BOB Historical Review

YEARLY HIGH

0.0560 BOB

YEARLY LOW

0.0440 BOB

YEARLY AVERAGE

0.0496 BOB

2023 KES to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0560. Conversely, the yearly low was recorded on December 29, dropping to 0.0440.

This high-to-low spread represents a total annual volatility of 0.0120 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0448, the exchange rate registered a net change of -19.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0560 was down 8.27% compared to the 2022 peak of 0.0610, 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 280 BOB

2022 Average 292 BOB

Yearly Trough Low 220 BOB

Transaction Impact: A difference of 59.92 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0568

0.0437

JanuMarcMayJulySeptNove

KES to BOB 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 0.0525, compared to 0.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0525

H2 Avg (Jul–Dec) 0.0467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0021 BOB (High: 0.0542 / Low: 0.0521). On the other end, January was the most stable month, with a tight range of 0.0005 BOB (High: 0.0560 / Low: 0.0555).

March Spread (Volatile) ±0.0021

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0018 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0557) against the same month in 2022 (average: 0.0608), the exchange rate shifted by -0.0050 (-8.24%).

2023 Avg (January) 0.0557

2022 Avg (January) 0.0608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0560	0.0555	0.0557
February	0.0555	0.0544	0.0550
March	0.0542	0.0521	0.0533
April	0.0521	0.0508	0.0514
May	0.0510	0.0498	0.0503
June	0.0503	0.0489	0.0495
July	0.0496	0.0483	0.0488
August	0.0486	0.0475	0.0481
September	0.0476	0.0467	0.0471
October	0.0468	0.0458	0.0463
November	0.0459	0.0450	0.0454
December	0.0454	0.0440	0.0448