YEARLY HIGH
1.0423 CVE
YEARLY LOW
0.9491 CVE
YEARLY AVERAGE
0.9817 CVE

2016 KES to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0423. Conversely, the yearly low was recorded on May 4, dropping to 0.9491.

This high-to-low spread represents a total annual volatility of 0.0932 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9915 to the December average rate of 1.0241, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0423 was down 8.49% compared to the 2015 peak of 1.1389, 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 5,211 CVE
2015 Average 5,066 CVE
Yearly Trough Low 4,745 CVE
Transaction Impact: A difference of 465.79 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0304
0.9546
JanuMarcMayJulySeptNove

KES to CVE 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 0.9737, compared to 0.9898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.9737
H2 Avg (Jul–Dec) 0.9898

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0492 CVE (High: 1.0240 / Low: 0.9749). On the other end, September was the most stable month, with a tight range of 0.0097 CVE (High: 0.9757 / Low: 0.9659).

November Spread (Volatile) ±0.0492
September Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0169 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0241) against the same month in 2015 (average: 0.9895), the exchange rate shifted by +0.0345 (+3.49%).

2016 Avg (December) 1.0241
2015 Avg (December) 0.9895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0023 0.9865 0.9915
February 0.9919 0.9578 0.9748
March 1.0016 0.9603 0.9778
April 0.9699 0.9537 0.9609
May 0.9817 0.9491 0.9661
June 0.9886 0.9564 0.9707
July 0.9906 0.9762 0.9829
August 0.9805 0.9599 0.9702
September 0.9757 0.9659 0.9715
October 1.0002 0.9688 0.9860
November 1.0240 0.9749 1.0040
December 1.0423 1.0039 1.0241