2019 KES to GNF Historical Review

YEARLY HIGH

94.5320 GNF

YEARLY LOW

87.4659 GNF

YEARLY AVERAGE

90.5150 GNF

2019 KES to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KES to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 94.5320. Conversely, the yearly low was recorded on August 25, dropping to 87.4659.

This high-to-low spread represents a total annual volatility of 7.0661 GNF. From a start-to-finish perspective, comparing the January average rate of 90.1918 to the December average rate of 93.4540, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 94.5320 was up 3.95% compared to the 2018 peak of 90.9364, 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 472,660 GNF

2018 Average 446,786 GNF

Yearly Trough Low 437,330 GNF

Transaction Impact: A difference of 35,330.47 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

93.9142

88.3922

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 90.8518, compared to 90.1782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6736 points.

H1 Avg (Jan–Jun) 90.8518

H2 Avg (Jul–Dec) 90.1782

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 5.4828 GNF (High: 93.6670 / Low: 88.1842). On the other end, September was the most stable month, with a tight range of 0.7939 GNF (High: 89.1981 / Low: 88.4042).

November Spread (Volatile) ±5.4828

September Spread (Stable) ±0.7939

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 1.1343 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 93.4540) against the same month in 2018 (average: 89.5852), the exchange rate shifted by +3.8689 (+4.32%).

2019 Avg (December) 93.4540

2018 Avg (December) 89.5852

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.2068	89.2364	90.1918
February	92.2008	90.8898	91.5376
March	92.5926	90.4800	91.4887
April	91.6634	89.8430	90.7699
May	91.3211	90.2154	90.7858
June	91.3486	89.6863	90.3372
July	90.0341	88.3614	89.2028
August	89.6659	87.4659	89.0553
September	89.1981	88.4042	88.8523
October	89.6114	88.6392	89.1445
November	93.6670	88.1842	91.3601
December	94.5320	92.4265	93.4540