YEARLY HIGH
0.0544 BOB
YEARLY LOW
0.0423 BOB
YEARLY AVERAGE
0.0516 BOB

2024 KES to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0544. Conversely, the yearly low was recorded on January 25, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0121 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0432 to the December average rate of 0.0534, the exchange rate registered a net change of 23.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0544 was down 2.86% compared to the 2023 peak of 0.0560, 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 272 BOB
2023 Average 248 BOB
Yearly Trough Low 211 BOB
Transaction Impact: A difference of 60.57 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0547
0.0422
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 0.0496, compared to 0.0535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0496
H2 Avg (Jul–Dec) 0.0535

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0059 BOB (High: 0.0484 / Low: 0.0425). On the other end, September was the most stable month, with a tight range of 0.0002 BOB (High: 0.0538 / Low: 0.0535).

February Spread (Volatile) ±0.0059
September Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0527) against the same month in 2023 (average: 0.0514), the exchange rate shifted by +0.0013 (+2.52%).

2024 Avg (April) 0.0527
2023 Avg (April) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0442 0.0423 0.0432
February 0.0484 0.0425 0.0454
March 0.0525 0.0470 0.0503
April 0.0544 0.0514 0.0527
May 0.0540 0.0512 0.0525
June 0.0538 0.0526 0.0533
July 0.0543 0.0524 0.0535
August 0.0537 0.0531 0.0535
September 0.0538 0.0535 0.0536
October 0.0538 0.0535 0.0536
November 0.0538 0.0533 0.0535
December 0.0537 0.0533 0.0534