2023 KES to JPY Historical Review

YEARLY HIGH

1.0787 JPY

YEARLY LOW

0.8966 JPY

YEARLY AVERAGE

1.0066 JPY

2023 KES to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 1.0787. Conversely, the yearly low was recorded on December 30, dropping to 0.8966.

This high-to-low spread represents a total annual volatility of 0.1822 JPY. From a start-to-finish perspective, comparing the January average rate of 1.0502 to the December average rate of 0.9303, the exchange rate registered a net change of -11.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0787 was down 12.93% compared to the 2022 peak of 1.2389, 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 5,394 JPY

2022 Average 5,566 JPY

Yearly Trough Low 4,483 JPY

Transaction Impact: A difference of 910.76 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0731

0.9173

JanuMarcMayJulySeptNove

KES to JPY 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 1.0247, compared to 0.9885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0362 points.

H1 Avg (Jan–Jun) 1.0247

H2 Avg (Jul–Dec) 0.9885

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0766 JPY (High: 1.0717 / Low: 0.9951). On the other end, September was the most stable month, with a tight range of 0.0126 JPY (High: 1.0157 / Low: 1.0031).

March Spread (Volatile) ±0.0766

September Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0558 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0601) against the same month in 2022 (average: 1.0135), the exchange rate shifted by +0.0466 (+4.59%).

2023 Avg (February) 1.0601

2022 Avg (February) 1.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0787	1.0318	1.0502
February	1.0787	1.0327	1.0601
March	1.0717	0.9951	1.0313
April	1.0066	0.9815	0.9940
May	1.0183	0.9808	1.0002
June	1.0345	0.9974	1.0125
July	1.0440	0.9764	0.9984
August	1.0254	0.9921	1.0073
September	1.0157	1.0031	1.0071
October	1.0147	0.9900	1.0020
November	1.0014	0.9605	0.9861
December	0.9638	0.8966	0.9303