YEARLY HIGH
90.9364 GNF
YEARLY LOW
86.7354 GNF
YEARLY AVERAGE
89.3545 GNF

2018 KES to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 90.9364. Conversely, the yearly low was recorded on January 3, dropping to 86.7354.

This high-to-low spread represents a total annual volatility of 4.2010 GNF. From a start-to-finish perspective, comparing the January average rate of 87.5661 to the December average rate of 89.5852, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 90.9364 was down 1.49% compared to the 2017 peak of 92.3155, 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 454,682 GNF
2017 Average 441,201 GNF
Yearly Trough Low 433,677 GNF
Transaction Impact: A difference of 21,004.91 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

90.1451
87.3316
JanuMarcMayJulySeptNove

KES to GNF 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 89.0170, compared to 89.6920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6750 points.

H1 Avg (Jan–Jun) 89.0170
H2 Avg (Jul–Dec) 89.6920

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.1282 GNF (High: 90.8328 / Low: 88.7046). On the other end, June was the most stable month, with a tight range of 0.5511 GNF (High: 89.7083 / Low: 89.1571).

December Spread (Volatile) ±2.1282
June Spread (Stable) ±0.5511

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 October and November, when the average rate fell by 0.7998 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 89.9106) against the same month in 2017 (average: 86.7570), the exchange rate shifted by +3.1536 (+3.64%).

2018 Avg (July) 89.9106
2017 Avg (July) 86.7570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.1103 86.7354 87.5661
February 89.4140 88.3666 88.8240
March 89.4533 88.7701 89.0480
April 90.3339 88.7598 89.6582
May 90.0327 88.8448 89.5859
June 89.7083 89.1571 89.4200
July 90.9364 89.4632 89.9106
August 90.5263 88.6321 89.8661
September 90.5776 89.5441 89.8990
October 90.4719 88.9754 89.8455
November 90.0434 88.0436 89.0457
December 90.8328 88.7046 89.5852