2023 KES to GBP Historical Review

YEARLY HIGH

0.0068 GBP

YEARLY LOW

0.0050 GBP

YEARLY AVERAGE

0.0058 GBP

2023 KES to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0068. Conversely, the yearly low was recorded on December 30, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0018 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0051, the exchange rate registered a net change of -22.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0068 was down 12.02% compared to the 2022 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 34 GBP

2022 Average 34 GBP

Yearly Trough Low 25 GBP

Transaction Impact: A difference of 9.02 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067

0.0050

JanuMarcMayJulySeptNove

KES to GBP 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 0.0062, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0062

H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0005 GBP (High: 0.0066 / Low: 0.0061). On the other end, May was the most stable month, with a tight range of 0.0001 GBP (High: 0.0059 / Low: 0.0058).

March Spread (Volatile) ±0.0005

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0066) against the same month in 2022 (average: 0.0065), the exchange rate shifted by +0.0001 (+1.29%).

2023 Avg (January) 0.0066

2022 Avg (January) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0068	0.0065	0.0066
February	0.0067	0.0065	0.0066
March	0.0066	0.0061	0.0064
April	0.0061	0.0058	0.0060
May	0.0059	0.0058	0.0058
June	0.0058	0.0056	0.0057
July	0.0057	0.0054	0.0055
August	0.0056	0.0054	0.0055
September	0.0056	0.0054	0.0055
October	0.0056	0.0054	0.0055
November	0.0055	0.0051	0.0053
December	0.0052	0.0050	0.0051