2023 KES to LRD Historical Review

YEARLY HIGH

1.3131 LRD

YEARLY LOW

1.1703 LRD

YEARLY AVERAGE

1.2487 LRD

2023 KES to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 1.3131. Conversely, the yearly low was recorded on March 26, dropping to 1.1703.

This high-to-low spread represents a total annual volatility of 0.1428 LRD. From a start-to-finish perspective, comparing the January average rate of 1.2535 to the December average rate of 1.2187, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3131 was down 3.53% compared to the 2022 peak of 1.3611, 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 6,565 LRD

2022 Average 6,484 LRD

Yearly Trough Low 5,851 LRD

Transaction Impact: A difference of 714.04 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3077

1.2055

JanuMarcMayJulySeptNove

KES to LRD 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 1.2353, compared to 1.2620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 1.2353

H2 Avg (Jul–Dec) 1.2620

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0959 LRD (High: 1.2662 / Low: 1.1703). On the other end, May was the most stable month, with a tight range of 0.0113 LRD (High: 1.2242 / Low: 1.2129).

March Spread (Volatile) ±0.0959

May Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0264 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.2992) against the same month in 2022 (average: 1.2887), the exchange rate shifted by +0.0105 (+0.81%).

2023 Avg (July) 1.2992

2022 Avg (July) 1.2887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2600	1.2386	1.2535
February	1.2599	1.2118	1.2454
March	1.2662	1.1703	1.2311
April	1.2249	1.2048	1.2140
May	1.2242	1.2129	1.2170
June	1.2869	1.2198	1.2510
July	1.3131	1.2809	1.2992
August	1.3112	1.2792	1.2961
September	1.2817	1.2588	1.2697
October	1.2685	1.2425	1.2521
November	1.2538	1.2283	1.2362
December	1.2350	1.1982	1.2187