2024 KES to EUR Historical Review

YEARLY HIGH

0.0075 EUR

YEARLY LOW

0.0056 EUR

YEARLY AVERAGE

0.0069 EUR

2024 KES to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0075. Conversely, the yearly low was recorded on January 24, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0018 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0074, the exchange rate registered a net change of 28.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0075 was down 2.80% compared to the 2023 peak of 0.0077, 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 37 EUR

2023 Average 33 EUR

Yearly Trough Low 28 EUR

Transaction Impact: A difference of 9.18 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0075

0.0056

JanuMarcMayJulySeptNove

KES to EUR 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 0.0066, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0066

H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0008 EUR (High: 0.0065 / Low: 0.0057). On the other end, September was the most stable month, with a tight range of 0.0001 EUR (High: 0.0070 / Low: 0.0069).

February Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0074) against the same month in 2023 (average: 0.0059), the exchange rate shifted by +0.0015 (+24.57%).

2024 Avg (December) 0.0074

2023 Avg (December) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0059	0.0056	0.0057
February	0.0065	0.0057	0.0061
March	0.0070	0.0063	0.0067
April	0.0074	0.0069	0.0071
May	0.0072	0.0069	0.0070
June	0.0073	0.0070	0.0072
July	0.0072	0.0070	0.0071
August	0.0071	0.0069	0.0070
September	0.0070	0.0069	0.0070
October	0.0072	0.0070	0.0071
November	0.0074	0.0071	0.0073
December	0.0075	0.0073	0.0074