2018 KES to CVE Historical Review

YEARLY HIGH

0.9686 CVE

YEARLY LOW

0.8655 CVE

YEARLY AVERAGE

0.9251 CVE

2018 KES to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.9686. Conversely, the yearly low was recorded on January 25, dropping to 0.8655.

This high-to-low spread represents a total annual volatility of 0.1031 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8826 to the December average rate of 0.9508, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9686 was down 5.84% compared to the 2017 peak of 1.0287, 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 4,843 CVE

2017 Average 4,743 CVE

Yearly Trough Low 4,328 CVE

Transaction Impact: A difference of 515.58 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9597

0.8756

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 0.9027, compared to 0.9474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0447 points.

H1 Avg (Jan–Jun) 0.9027

H2 Avg (Jul–Dec) 0.9474

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0342 CVE (High: 0.8998 / Low: 0.8655). On the other end, December was the most stable month, with a tight range of 0.0106 CVE (High: 0.9576 / Low: 0.9470).

January Spread (Volatile) ±0.0342

December Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0111 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.9513) against the same month in 2017 (average: 0.9039), the exchange rate shifted by +0.0474 (+5.25%).

2018 Avg (August) 0.9513

2017 Avg (August) 0.9039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8998	0.8655	0.8826
February	0.8970	0.8713	0.8840
March	0.8954	0.8791	0.8871
April	0.9131	0.8853	0.8966
May	0.9407	0.9134	0.9280
June	0.9475	0.9219	0.9380
July	0.9459	0.9299	0.9397
August	0.9686	0.9391	0.9513
September	0.9474	0.9295	0.9402
October	0.9618	0.9446	0.9527
November	0.9596	0.9398	0.9498
December	0.9576	0.9470	0.9508