2022 KES to CVE Historical Review

YEARLY HIGH

0.9626 CVE

YEARLY LOW

0.8385 CVE

YEARLY AVERAGE

0.8908 CVE

2022 KES to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KES to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.9626. Conversely, the yearly low was recorded on December 31, dropping to 0.8385.

This high-to-low spread represents a total annual volatility of 0.1241 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8616 to the December average rate of 0.8482, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9626 was up 8.30% compared to the 2021 peak of 0.8888, 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 4,813 CVE

2021 Average 4,268 CVE

Yearly Trough Low 4,192 CVE

Transaction Impact: A difference of 620.74 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9397

0.8398

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 0.8789, compared to 0.9027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.8789

H2 Avg (Jul–Dec) 0.9027

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0732 CVE (High: 0.9546 / Low: 0.8814). On the other end, June was the most stable month, with a tight range of 0.0235 CVE (High: 0.9064 / Low: 0.8829).

September Spread (Volatile) ±0.0732

June Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0429 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.9314) against the same month in 2021 (average: 0.8602), the exchange rate shifted by +0.0711 (+8.27%).

2022 Avg (October) 0.9314

2021 Avg (October) 0.8602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8748	0.8508	0.8616
February	0.8725	0.8489	0.8584
March	0.8915	0.8637	0.8788
April	0.9107	0.8682	0.8833
May	0.9148	0.8834	0.8998
June	0.9064	0.8829	0.8917
July	0.9270	0.8773	0.9088
August	0.9266	0.8974	0.9139
September	0.9546	0.8814	0.9227
October	0.9626	0.9159	0.9314
November	0.9242	0.8638	0.8911
December	0.8676	0.8385	0.8482