2023 KES to SLL Historical Review

YEARLY HIGH

148.0374 SLL

YEARLY LOW

124.1915 SLL

YEARLY AVERAGE

136.4374 SLL

2023 KES to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 148.0374. Conversely, the yearly low was recorded on July 26, dropping to 124.1915.

This high-to-low spread represents a total annual volatility of 23.8459 SLL. From a start-to-finish perspective, comparing the January average rate of 142.5163 to the December average rate of 135.7704, the exchange rate registered a net change of -4.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 148.0374 was up 1.35% compared to the 2022 peak of 146.0707, 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 740,187 SLL

2022 Average 580,092 SLL

Yearly Trough Low 620,958 SLL

Transaction Impact: A difference of 119,229.54 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

147.8118

124.6294

JanuMarcMayJulySeptNove

KES to SLL 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 134.3771, compared to 138.4976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1205 points.

H1 Avg (Jan–Jun) 134.3771

H2 Avg (Jul–Dec) 138.4976

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 23.8459 SLL (High: 148.0374 / Low: 124.1915). On the other end, January was the most stable month, with a tight range of 1.2136 SLL (High: 143.1392 / Low: 141.9257).

July Spread (Volatile) ±23.8459

January Spread (Stable) ±1.2136

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.8757 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.8757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 127.9280) against the same month in 2022 (average: 114.2791), the exchange rate shifted by +13.6490 (+11.94%).

2023 Avg (July) 127.9280

2022 Avg (July) 114.2791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	143.1392	141.9257	142.5163
February	141.8482	138.9851	140.6040
March	138.8839	133.3208	136.3540
April	133.3208	129.8444	131.4784
May	130.6833	127.4071	128.7487
June	128.4547	125.4529	126.5613
July	148.0374	124.1915	127.9280
August	147.4234	144.2194	145.8799
September	144.4999	141.4946	142.8772
October	142.5827	139.2397	140.4990
November	140.1861	136.9660	138.0310
December	137.6466	133.3113	135.7704