2024 KES to EGP Historical Review

YEARLY HIGH

0.3957 EGP

YEARLY LOW

0.1890 EGP

YEARLY AVERAGE

0.3412 EGP

2024 KES to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.3957. Conversely, the yearly low was recorded on January 25, dropping to 0.1890.

This high-to-low spread represents a total annual volatility of 0.2067 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1934 to the December average rate of 0.3910, the exchange rate registered a net change of 102.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3957 was up 61.91% compared to the 2023 peak of 0.2444, 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 1,979 EGP

2023 Average 1,100 EGP

Yearly Trough Low 945 EGP

Transaction Impact: A difference of 1,033.65 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4108

0.1736

JanuMarcMayJulySeptNove

KES to EGP 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 0.3029, compared to 0.3795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0766 points.

H1 Avg (Jan–Jun) 0.3029

H2 Avg (Jul–Dec) 0.3795

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1509 EGP (High: 0.3608 / Low: 0.2100). On the other end, September was the most stable month, with a tight range of 0.0035 EGP (High: 0.3778 / Low: 0.3743).

March Spread (Volatile) ±0.1509

September Spread (Stable) ±0.0035

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 April and May, when the average rate fell by 0.0047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3910) against the same month in 2023 (average: 0.2001), the exchange rate shifted by +0.1910 (+95.45%).

2024 Avg (December) 0.3910

2023 Avg (December) 0.2001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1972	0.1890	0.1934
February	0.2164	0.1899	0.2032
March	0.3608	0.2100	0.3293
April	0.3741	0.3561	0.3642
May	0.3641	0.3540	0.3595
June	0.3750	0.3610	0.3681
July	0.3785	0.3667	0.3733
August	0.3816	0.3740	0.3786
September	0.3778	0.3743	0.3757
October	0.3796	0.3740	0.3765
November	0.3849	0.3782	0.3820
December	0.3957	0.3836	0.3910