2023 KES to NZD Historical Review

YEARLY HIGH

0.0130 NZD

YEARLY LOW

0.0101 NZD

YEARLY AVERAGE

0.0117 NZD

2023 KES to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0130. Conversely, the yearly low was recorded on December 30, dropping to 0.0101.

This high-to-low spread represents a total annual volatility of 0.0029 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0104, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0130 was down 12.51% compared to the 2022 peak of 0.0149, 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 65 NZD

2022 Average 67 NZD

Yearly Trough Low 50 NZD

Transaction Impact: A difference of 14.71 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0129

0.0102

JanuMarcMayJulySeptNove

KES to NZD 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 0.0122, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0122

H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0007 NZD (High: 0.0118 / Low: 0.0111). On the other end, April was the most stable month, with a tight range of 0.0003 NZD (High: 0.0121 / Low: 0.0119).

July Spread (Volatile) ±0.0007

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0126) against the same month in 2022 (average: 0.0131), the exchange rate shifted by -0.0005 (-3.74%).

2023 Avg (January) 0.0126

2022 Avg (January) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0124	0.0126
February	0.0128	0.0123	0.0127
March	0.0127	0.0121	0.0124
April	0.0121	0.0119	0.0120
May	0.0120	0.0115	0.0117
June	0.0120	0.0115	0.0117
July	0.0118	0.0111	0.0114
August	0.0119	0.0114	0.0116
September	0.0117	0.0113	0.0115
October	0.0116	0.0112	0.0114
November	0.0113	0.0106	0.0110
December	0.0106	0.0101	0.0104