YEARLY HIGH
0.2789 SRD
YEARLY LOW
0.2336 SRD
YEARLY AVERAGE
0.2620 SRD

2023 KES to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.2789. Conversely, the yearly low was recorded on December 30, dropping to 0.2336.

This high-to-low spread represents a total annual volatility of 0.0453 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2567 to the December average rate of 0.2419, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2789 was up 7.04% compared to the 2022 peak of 0.2605, 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 1,394 SRD
2022 Average 1,024 SRD
Yearly Trough Low 1,168 SRD
Transaction Impact: A difference of 226.45 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2769
0.2388
JanuMarcMayJulySeptNove

KES to SRD 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 0.2668, compared to 0.2572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.2668
H2 Avg (Jul–Dec) 0.2572

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0146 SRD (High: 0.2482 / Low: 0.2336). On the other end, June was the most stable month, with a tight range of 0.0056 SRD (High: 0.2729 / Low: 0.2673).

December Spread (Volatile) ±0.0146
June Spread (Stable) ±0.0056

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 November and December, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2737) against the same month in 2022 (average: 0.1795), the exchange rate shifted by +0.0942 (+52.51%).

2023 Avg (April) 0.2737
2022 Avg (April) 0.1795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2611 0.2549 0.2567
February 0.2667 0.2566 0.2611
March 0.2736 0.2609 0.2670
April 0.2789 0.2693 0.2737
May 0.2770 0.2687 0.2722
June 0.2729 0.2673 0.2701
July 0.2751 0.2629 0.2687
August 0.2707 0.2633 0.2663
September 0.2647 0.2580 0.2610
October 0.2595 0.2523 0.2556
November 0.2550 0.2471 0.2500
December 0.2482 0.2336 0.2419