2024 KES to CNY Historical Review

YEARLY HIGH

0.0570 CNY

YEARLY LOW

0.0434 CNY

YEARLY AVERAGE

0.0536 CNY

2024 KES to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0570. Conversely, the yearly low was recorded on January 25, dropping to 0.0434.

This high-to-low spread represents a total annual volatility of 0.0136 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0563, the exchange rate registered a net change of 26.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0570 was up 1.87% 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 285 CNY

2023 Average 254 CNY

Yearly Trough Low 217 CNY

Transaction Impact: A difference of 68.20 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0575

0.0433

JanuMarcMayJulySeptNove

KES to CNY 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 0.0515, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0515

H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0069 CNY (High: 0.0503 / Low: 0.0434). On the other end, December was the most stable month, with a tight range of 0.0008 CNY (High: 0.0567 / Low: 0.0559).

February Spread (Volatile) ±0.0069

December Spread (Stable) ±0.0008

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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0562) against the same month in 2023 (average: 0.0508), the exchange rate shifted by +0.0054 (+10.65%).

2024 Avg (July) 0.0562

2023 Avg (July) 0.0508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0456	0.0434	0.0445
February	0.0503	0.0434	0.0471
March	0.0548	0.0490	0.0524
April	0.0569	0.0539	0.0551
May	0.0565	0.0526	0.0545
June	0.0565	0.0541	0.0557
July	0.0570	0.0551	0.0562
August	0.0558	0.0548	0.0553
September	0.0554	0.0543	0.0549
October	0.0553	0.0544	0.0549
November	0.0561	0.0550	0.0557
December	0.0567	0.0559	0.0563