YEARLY HIGH
0.0112 CAD
YEARLY LOW
0.0082 CAD
YEARLY AVERAGE
0.0102 CAD

2024 KES to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0112. Conversely, the yearly low was recorded on February 4, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0030 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0110, the exchange rate registered a net change of 31.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0112 was up 1.08% compared to the 2023 peak of 0.0111, 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 56 CAD
2023 Average 48 CAD
Yearly Trough Low 41 CAD
Transaction Impact: A difference of 14.87 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0113
0.0081
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 0.0098, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0012 CAD (High: 0.0094 / Low: 0.0082). On the other end, September was the most stable month, with a tight range of 0.0001 CAD (High: 0.0106 / Low: 0.0104).

February Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0110) against the same month in 2023 (average: 0.0087), the exchange rate shifted by +0.0023 (+27.00%).

2024 Avg (December) 0.0110
2023 Avg (December) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0082 0.0084
February 0.0094 0.0082 0.0089
March 0.0103 0.0092 0.0099
April 0.0108 0.0102 0.0104
May 0.0106 0.0101 0.0104
June 0.0107 0.0104 0.0106
July 0.0107 0.0105 0.0106
August 0.0108 0.0104 0.0106
September 0.0106 0.0104 0.0105
October 0.0108 0.0105 0.0107
November 0.0109 0.0107 0.0108
December 0.0112 0.0108 0.0110