YEARLY HIGH
1.2644 JPY
YEARLY LOW
0.8963 JPY
YEARLY AVERAGE
1.1308 JPY

2024 KES to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 1.2644. Conversely, the yearly low was recorded on January 1, dropping to 0.8963.

This high-to-low spread represents a total annual volatility of 0.3681 JPY. From a start-to-finish perspective, comparing the January average rate of 0.9149 to the December average rate of 1.1912, the exchange rate registered a net change of 30.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2644 was up 17.22% compared to the 2023 peak of 1.0787, 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 6,322 JPY
2023 Average 5,031 JPY
Yearly Trough Low 4,482 JPY
Transaction Impact: A difference of 1,840.69 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2518
0.8842
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 1.0944, compared to 1.1671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0727 points.

H1 Avg (Jan–Jun) 1.0944
H2 Avg (Jul–Dec) 1.1671

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1468 JPY (High: 1.0524 / Low: 0.9056). On the other end, January was the most stable month, with a tight range of 0.0346 JPY (High: 0.9309 / Low: 0.8963).

February Spread (Volatile) ±0.1468
January Spread (Stable) ±0.0346

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0890 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.2212) against the same month in 2023 (average: 0.9984), the exchange rate shifted by +0.2228 (+22.31%).

2024 Avg (July) 1.2212
2023 Avg (July) 0.9984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9309 0.8963 0.9149
February 1.0524 0.9056 0.9839
March 1.1480 1.0191 1.0906
April 1.2053 1.1446 1.1732
May 1.2207 1.1337 1.1841
June 1.2501 1.1865 1.2198
July 1.2644 1.1565 1.2212
August 1.1568 1.1149 1.1321
September 1.1398 1.0908 1.1095
October 1.1891 1.1148 1.1618
November 1.2085 1.1564 1.1871
December 1.2226 1.1537 1.1912