2023 KES to BTN Historical Review

YEARLY HIGH

0.6714 BTN

YEARLY LOW

0.5298 BTN

YEARLY AVERAGE

0.5931 BTN

2023 KES to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6714. Conversely, the yearly low was recorded on December 29, dropping to 0.5298.

This high-to-low spread represents a total annual volatility of 0.1416 BTN. From a start-to-finish perspective, comparing the January average rate of 0.6601 to the December average rate of 0.5395, the exchange rate registered a net change of -18.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6714 was down 2.06% compared to the 2022 peak of 0.6855, 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 3,357 BTN

2022 Average 3,331 BTN

Yearly Trough Low 2,649 BTN

Transaction Impact: A difference of 707.85 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6722

0.5274

JanuMarcMayJulySeptNove

KES to BTN 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 0.6250, compared to 0.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0639 points.

H1 Avg (Jan–Jun) 0.6250

H2 Avg (Jul–Dec) 0.5611

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0287 BTN (High: 0.6478 / Low: 0.6191). On the other end, May was the most stable month, with a tight range of 0.0076 BTN (High: 0.6040 / Low: 0.5964).

March Spread (Volatile) ±0.0287

May Spread (Stable) ±0.0076

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 0.0250 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6601) against the same month in 2022 (average: 0.6563), the exchange rate shifted by +0.0039 (+0.59%).

2023 Avg (January) 0.6601

2022 Avg (January) 0.6563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6714	0.6536	0.6601
February	0.6620	0.6504	0.6574
March	0.6478	0.6191	0.6346
April	0.6202	0.5936	0.6095
May	0.6040	0.5964	0.5997
June	0.6005	0.5801	0.5888
July	0.5894	0.5751	0.5806
August	0.5827	0.5691	0.5761
September	0.5702	0.5605	0.5656
October	0.5634	0.5518	0.5571
November	0.5538	0.5432	0.5476
December	0.5468	0.5298	0.5395