YEARLY HIGH
94.8904 GNF
YEARLY LOW
87.9678 GNF
YEARLY AVERAGE
90.3985 GNF

2020 KES to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KES to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 94.8904. Conversely, the yearly low was recorded on May 17, dropping to 87.9678.

This high-to-low spread represents a total annual volatility of 6.9226 GNF. From a start-to-finish perspective, comparing the January average rate of 93.8230 to the December average rate of 90.0038, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 94.8904 was up 0.38% compared to the 2019 peak of 94.5320, 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 474,452 GNF
2019 Average 452,543 GNF
Yearly Trough Low 439,839 GNF
Transaction Impact: A difference of 34,612.96 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

94.4354
88.2670
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 91.1390, compared to 89.6580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4810 points.

H1 Avg (Jan–Jun) 91.1390
H2 Avg (Jul–Dec) 89.6580

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.7217 GNF (High: 93.7517 / Low: 89.0299). On the other end, August was the most stable month, with a tight range of 0.7055 GNF (High: 89.4714 / Low: 88.7660).

March Spread (Volatile) ±4.7217
August Spread (Stable) ±0.7055

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 February and March, when the average rate fell by 2.5935 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.5935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 93.9214) against the same month in 2019 (average: 91.5376), the exchange rate shifted by +2.3838 (+2.60%).

2020 Avg (February) 93.9214
2019 Avg (February) 91.5376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 94.4786 92.9502 93.8230
February 94.8904 93.1265 93.9214
March 93.7517 89.0299 91.3278
April 90.2912 88.3727 89.1881
May 89.8444 87.9678 88.7810
June 90.4708 88.8634 89.7925
July 90.5392 89.1628 89.7054
August 89.4714 88.7660 89.1913
September 90.1379 88.7781 89.4606
October 90.3132 89.5745 90.0183
November 90.1284 89.0512 89.5685
December 91.9410 88.7904 90.0038