2024 KES to STD Historical Review

YEARLY HIGH

175.2678 STD

YEARLY LOW

135.8735 STD

YEARLY AVERAGE

166.2152 STD

2024 KES to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 175.2678. Conversely, the yearly low was recorded on February 4, dropping to 135.8735.

This high-to-low spread represents a total annual volatility of 39.3943 STD. From a start-to-finish perspective, comparing the January average rate of 139.4820 to the December average rate of 172.3029, the exchange rate registered a net change of 23.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 175.2678 was down 5.23% compared to the 2023 peak of 184.9424, 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 876,339 STD

2023 Average 811,836 STD

Yearly Trough Low 679,368 STD

Transaction Impact: A difference of 196,971.54 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

176.1295

136.1504

JanuMarcMayJulySeptNove

KES to STD 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 159.8691, compared to 172.5612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.6921 points.

H1 Avg (Jan–Jun) 159.8691

H2 Avg (Jul–Dec) 172.5612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 20.3016 STD (High: 156.1751 / Low: 135.8735). On the other end, October was the most stable month, with a tight range of 0.5087 STD (High: 172.8739 / Low: 172.3652).

February Spread (Volatile) ±20.3016

October Spread (Stable) ±0.5087

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 April and May, when the average rate fell by 0.3222 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 172.6824) against the same month in 2023 (average: 160.9224), the exchange rate shifted by +11.7601 (+7.31%).

2024 Avg (July) 172.6824

2023 Avg (July) 160.9224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	143.0151	136.2801	139.4820
February	156.1751	135.8735	146.4793
March	168.9304	151.5769	162.2188
April	175.2318	165.6639	169.7287
May	173.9066	165.0504	169.4065
June	173.3992	169.6224	171.8993
July	175.2678	169.0393	172.6824
August	173.3823	171.3985	172.5134
September	173.3962	172.4865	172.7979
October	172.8739	172.3652	172.6838
November	172.9382	171.6422	172.3870
December	173.2835	171.9318	172.3029