YEARLY HIGH
301.3261 IRR
YEARLY LOW
291.3055 IRR
YEARLY AVERAGE
296.9871 IRR

2016 KES to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 301.3261. Conversely, the yearly low was recorded on January 31, dropping to 291.3055.

This high-to-low spread represents a total annual volatility of 10.0206 IRR. From a start-to-finish perspective, comparing the January average rate of 293.1208 to the December average rate of 294.3468, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 301.3261 was down 1.20% compared to the 2015 peak of 304.9931, 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 1,506,630 IRR
2015 Average 1,475,058 IRR
Yearly Trough Low 1,456,528 IRR
Transaction Impact: A difference of 50,102.77 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

301.2192
292.3846
JanuMarcMayJulySeptNove

KES to IRR 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 297.6611, compared to 296.3132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3479 points.

H1 Avg (Jan–Jun) 297.6611
H2 Avg (Jul–Dec) 296.3132

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 4.8304 IRR (High: 300.9678 / Low: 296.1374). On the other end, September was the most stable month, with a tight range of 0.5886 IRR (High: 297.3808 / Low: 296.7922).

July Spread (Volatile) ±4.8304
September Spread (Stable) ±0.5886

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 2.3472 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.3472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 300.4830) against the same month in 2015 (average: 294.6820), the exchange rate shifted by +5.8010 (+1.97%).

2016 Avg (May) 300.4830
2015 Avg (May) 294.6820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 294.5427 291.3055 293.1208
February 297.2688 292.8733 295.9400
March 299.0062 297.0857 297.9020
April 299.3389 297.4887 298.6479
May 301.3261 299.2360 300.4830
June 300.5100 297.4880 299.8727
July 300.9678 296.1374 297.5255
August 297.1038 295.5136 296.5535
September 297.3808 296.7922 297.0730
October 297.8253 296.3162 296.7952
November 296.4152 295.2033 295.5853
December 295.6837 293.4334 294.3468