YEARLY HIGH
0.2751 SRD
YEARLY LOW
0.2207 SRD
YEARLY AVERAGE
0.2464 SRD

2024 KES to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2751. Conversely, the yearly low was recorded on August 5, dropping to 0.2207.

This high-to-low spread represents a total annual volatility of 0.0544 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2297 to the December average rate of 0.2723, the exchange rate registered a net change of 18.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2751 was down 1.34% compared to the 2023 peak of 0.2789, 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 1,376 SRD
2023 Average 1,310 SRD
Yearly Trough Low 1,104 SRD
Transaction Impact: A difference of 272.18 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2773
0.2180
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 0.2462, compared to 0.2467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2462
H2 Avg (Jul–Dec) 0.2467

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0313 SRD (High: 0.2547 / Low: 0.2233). On the other end, December was the most stable month, with a tight range of 0.0024 SRD (High: 0.2733 / Low: 0.2710).

February Spread (Volatile) ±0.0313
December Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0157 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2722) against the same month in 2023 (average: 0.2500), the exchange rate shifted by +0.0222 (+8.88%).

2024 Avg (November) 0.2722
2023 Avg (November) 0.2500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2353 0.2243 0.2297
February 0.2547 0.2233 0.2375
March 0.2667 0.2408 0.2565
April 0.2744 0.2523 0.2637
May 0.2549 0.2444 0.2480
June 0.2471 0.2369 0.2419
July 0.2391 0.2212 0.2301
August 0.2243 0.2207 0.2230
September 0.2380 0.2237 0.2304
October 0.2665 0.2380 0.2520
November 0.2751 0.2664 0.2722
December 0.2733 0.2710 0.2723