YEARLY HIGH
59.9120 PYG
YEARLY LOW
46.3998 PYG
YEARLY AVERAGE
52.3606 PYG

2023 KES to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 59.9120. Conversely, the yearly low was recorded on December 29, dropping to 46.3998.

This high-to-low spread represents a total annual volatility of 13.5123 PYG. From a start-to-finish perspective, comparing the January average rate of 59.5094 to the December average rate of 47.6454, the exchange rate registered a net change of -19.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.9120 was down 4.00% compared to the 2022 peak of 62.4106, 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 299,560 PYG
2022 Average 296,031 PYG
Yearly Trough Low 231,999 PYG
Transaction Impact: A difference of 67,561.28 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

60.6958
46.4590
JanuMarcMayJulySeptNove

KES to PYG 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 55.1369, compared to 49.5844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5526 points.

H1 Avg (Jan–Jun) 55.1369
H2 Avg (Jul–Dec) 49.5844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.3319 PYG (High: 57.2649 / Low: 53.9330). On the other end, January was the most stable month, with a tight range of 0.8503 PYG (High: 59.9120 / Low: 59.0617).

March Spread (Volatile) ±3.3319
January Spread (Stable) ±0.8503

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 February and March, when the average rate fell by 2.6321 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -2.6321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 59.5094) against the same month in 2022 (average: 61.4214), the exchange rate shifted by -1.9120 (-3.11%).

2023 Avg (January) 59.5094
2022 Avg (January) 61.4214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.9120 59.0617 59.5094
February 59.1264 57.3364 58.1169
March 57.2649 53.9330 55.4848
April 54.0712 52.5782 53.2809
May 53.4980 52.0202 52.4857
June 52.8440 51.5334 51.9439
July 52.1976 50.9545 51.3620
August 51.2439 50.0510 50.5910
September 50.1550 49.1967 49.5697
October 50.0508 48.9204 49.3856
November 49.5993 48.4816 48.9525
December 48.8527 46.3998 47.6454