2024 KES to CVE Historical Review

YEARLY HIGH

0.8220 CVE

YEARLY LOW

0.6217 CVE

YEARLY AVERAGE

0.7610 CVE

2024 KES to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.8220. Conversely, the yearly low was recorded on January 24, dropping to 0.6217.

This high-to-low spread represents a total annual volatility of 0.2003 CVE. From a start-to-finish perspective, comparing the January average rate of 0.6331 to the December average rate of 0.8138, the exchange rate registered a net change of 28.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8220 was down 3.11% compared to the 2023 peak of 0.8483, 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 4,110 CVE

2023 Average 3,666 CVE

Yearly Trough Low 3,108 CVE

Transaction Impact: A difference of 1,001.33 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8319

0.6150

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 0.7325, compared to 0.7895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0570 points.

H1 Avg (Jan–Jun) 0.7325

H2 Avg (Jul–Dec) 0.7895

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0944 CVE (High: 0.7179 / Low: 0.6235). On the other end, September was the most stable month, with a tight range of 0.0108 CVE (High: 0.7765 / Low: 0.7657).

February Spread (Volatile) ±0.0944

September Spread (Stable) ±0.0108

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 0.0114 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8138) against the same month in 2023 (average: 0.6551), the exchange rate shifted by +0.1587 (+24.23%).

2024 Avg (December) 0.8138

2023 Avg (December) 0.6551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6466	0.6217	0.6331
February	0.7179	0.6235	0.6723
March	0.7761	0.6956	0.7394
April	0.8099	0.7672	0.7825
May	0.7925	0.7611	0.7767
June	0.8051	0.7734	0.7913
July	0.8013	0.7727	0.7882
August	0.7888	0.7637	0.7767
September	0.7765	0.7657	0.7707
October	0.7935	0.7715	0.7851
November	0.8188	0.7847	0.8028
December	0.8220	0.8057	0.8138