YEARLY HIGH
0.0667 SBD
YEARLY LOW
0.0512 SBD
YEARLY AVERAGE
0.0628 SBD

2024 KES to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0667. Conversely, the yearly low was recorded on January 24, dropping to 0.0512.

This high-to-low spread represents a total annual volatility of 0.0154 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0648, the exchange rate registered a net change of 22.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0667 was down 0.87% compared to the 2023 peak of 0.0672, 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 333 SBD
2023 Average 300 SBD
Yearly Trough Low 256 SBD
Transaction Impact: A difference of 77.06 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0669
0.0514
JanuMarcMayJulySeptNove

KES to SBD 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 0.0607, compared to 0.0649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0607
H2 Avg (Jul–Dec) 0.0649

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0079 SBD (High: 0.0593 / Low: 0.0514). On the other end, October was the most stable month, with a tight range of 0.0007 SBD (High: 0.0647 / Low: 0.0641).

February Spread (Volatile) ±0.0079
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0646) against the same month in 2023 (average: 0.0617), the exchange rate shifted by +0.0029 (+4.65%).

2024 Avg (April) 0.0646
2023 Avg (April) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0542 0.0512 0.0527
February 0.0593 0.0514 0.0556
March 0.0642 0.0577 0.0616
April 0.0667 0.0632 0.0646
May 0.0663 0.0628 0.0645
June 0.0658 0.0646 0.0653
July 0.0664 0.0643 0.0655
August 0.0663 0.0651 0.0656
September 0.0658 0.0643 0.0647
October 0.0647 0.0641 0.0644
November 0.0650 0.0643 0.0647
December 0.0652 0.0643 0.0648