YEARLY HIGH
0.6642 INR
YEARLY LOW
0.5061 INR
YEARLY AVERAGE
0.6244 INR

2024 KES to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.6642. Conversely, the yearly low was recorded on February 4, dropping to 0.5061.

This high-to-low spread represents a total annual volatility of 0.1581 INR. From a start-to-finish perspective, comparing the January average rate of 0.5202 to the December average rate of 0.6573, the exchange rate registered a net change of 26.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6642 was down 0.93% compared to the 2023 peak of 0.6705, 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 3,321 INR
2023 Average 2,964 INR
Yearly Trough Low 2,531 INR
Transaction Impact: A difference of 790.58 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6711
0.5065
JanuMarcMayJulySeptNove

KES to INR 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 0.5973, compared to 0.6514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 0.5973
H2 Avg (Jul–Dec) 0.6514

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0757 INR (High: 0.5819 / Low: 0.5061). On the other end, October was the most stable month, with a tight range of 0.0021 INR (High: 0.6524 / Low: 0.6503).

February Spread (Volatile) ±0.0757
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0016 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6573) against the same month in 2023 (average: 0.5390), the exchange rate shifted by +0.1184 (+21.96%).

2024 Avg (December) 0.6573
2023 Avg (December) 0.5390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5338 0.5086 0.5202
February 0.5819 0.5061 0.5454
March 0.6338 0.5636 0.6048
April 0.6573 0.6196 0.6354
May 0.6502 0.6176 0.6338
June 0.6504 0.6359 0.6440
July 0.6570 0.6353 0.6479
August 0.6526 0.6444 0.6495
September 0.6535 0.6470 0.6499
October 0.6524 0.6503 0.6514
November 0.6546 0.6506 0.6527
December 0.6642 0.6530 0.6573