YEARLY HIGH
0.0111 CAD
YEARLY LOW
0.0084 CAD
YEARLY AVERAGE
0.0097 CAD

2023 KES to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0111. Conversely, the yearly low was recorded on December 31, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0026 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0087, the exchange rate registered a net change of -19.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0111 was down 3.47% compared to the 2022 peak of 0.0115, 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 55 CAD
2022 Average 55 CAD
Yearly Trough Low 42 CAD
Transaction Impact: A difference of 13.22 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0110
0.0085
JanuMarcMayJulySeptNove

KES to CAD 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 0.0103, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0103
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 CAD (High: 0.0108 / Low: 0.0102). On the other end, February was the most stable month, with a tight range of 0.0001 CAD (High: 0.0108 / Low: 0.0106).

March Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0108) against the same month in 2022 (average: 0.0111), the exchange rate shifted by -0.0003 (-2.78%).

2023 Avg (January) 0.0108
2022 Avg (January) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0111 0.0107 0.0108
February 0.0108 0.0106 0.0107
March 0.0108 0.0102 0.0106
April 0.0102 0.0099 0.0101
May 0.0100 0.0098 0.0099
June 0.0098 0.0093 0.0095
July 0.0096 0.0093 0.0094
August 0.0095 0.0093 0.0094
September 0.0094 0.0091 0.0092
October 0.0093 0.0091 0.0092
November 0.0092 0.0089 0.0090
December 0.0089 0.0084 0.0087