2024 KES to GNF Historical Review

YEARLY HIGH

67.5495 GNF

YEARLY LOW

52.5994 GNF

YEARLY AVERAGE

64.2452 GNF

2024 KES to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 67.5495. Conversely, the yearly low was recorded on January 25, dropping to 52.5994.

This high-to-low spread represents a total annual volatility of 14.9501 GNF. From a start-to-finish perspective, comparing the January average rate of 53.8036 to the December average rate of 66.7400, the exchange rate registered a net change of 24.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 67.5495 was down 4.96% compared to the 2023 peak of 71.0761, 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 337,747 GNF

2023 Average 309,559 GNF

Yearly Trough Low 262,997 GNF

Transaction Impact: A difference of 74,750.38 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

68.3289

52.4832

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 61.6784, compared to 66.8120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1336 points.

H1 Avg (Jan–Jun) 61.6784

H2 Avg (Jul–Dec) 66.8120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 7.5232 GNF (High: 60.2607 / Low: 52.7374). On the other end, September was the most stable month, with a tight range of 0.2566 GNF (High: 67.1389 / Low: 66.8823).

February Spread (Volatile) ±7.5232

September Spread (Stable) ±0.2566

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1988 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 66.7176) against the same month in 2023 (average: 60.8704), the exchange rate shifted by +5.8472 (+9.61%).

2024 Avg (July) 66.7176

2023 Avg (July) 60.8704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.0189	52.5994	53.8036
February	60.2607	52.7374	56.5499
March	65.1136	58.5034	62.5613
April	67.4219	63.9554	65.4401
May	67.1553	63.6842	65.3345
June	66.9697	65.4303	66.3810
July	67.5495	65.3721	66.7176
August	67.0017	66.3005	66.7204
September	67.1389	66.8823	67.0084
October	67.2748	66.7654	66.9422
November	67.2006	66.4281	66.7434
December	66.9552	66.4712	66.7400