2024 KES to GMD Historical Review

YEARLY HIGH

0.5599 GMD

YEARLY LOW

0.4112 GMD

YEARLY AVERAGE

0.5137 GMD

2024 KES to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.5599. Conversely, the yearly low was recorded on February 4, dropping to 0.4112.

This high-to-low spread represents a total annual volatility of 0.1488 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4212 to the December average rate of 0.5553, the exchange rate registered a net change of 31.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5599 was up 11.25% compared to the 2023 peak of 0.5033, 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 2,800 GMD

2023 Average 2,234 GMD

Yearly Trough Low 2,056 GMD

Transaction Impact: A difference of 743.78 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5687

0.4078

JanuMarcMayJulySeptNove

KES to GMD 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 0.4859, compared to 0.5414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0555 points.

H1 Avg (Jan–Jun) 0.4859

H2 Avg (Jul–Dec) 0.5414

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0637 GMD (High: 0.4749 / Low: 0.4112). On the other end, November was the most stable month, with a tight range of 0.0103 GMD (High: 0.5547 / Low: 0.5444).

February Spread (Volatile) ±0.0637

November Spread (Stable) ±0.0103

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 September and October, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5553) against the same month in 2023 (average: 0.4361), the exchange rate shifted by +0.1192 (+27.34%).

2024 Avg (December) 0.5553

2023 Avg (December) 0.4361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4313	0.4119	0.4212
February	0.4749	0.4112	0.4444
March	0.5148	0.4621	0.4946
April	0.5342	0.5051	0.5172
May	0.5288	0.5019	0.5153
June	0.5272	0.5159	0.5228
July	0.5366	0.5142	0.5257
August	0.5513	0.5310	0.5407
September	0.5510	0.5303	0.5395
October	0.5465	0.5232	0.5369
November	0.5547	0.5444	0.5505
December	0.5599	0.5479	0.5553