2011 KES to TOP Historical Review

YEARLY HIGH

0.0233 TOP

YEARLY LOW

0.0164 TOP

YEARLY AVERAGE

0.0199 TOP

2011 KES to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KES to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0233. Conversely, the yearly low was recorded on October 11, dropping to 0.0164.

This high-to-low spread represents a total annual volatility of 0.0069 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0230 to the December average rate of 0.0201, the exchange rate registered a net change of -12.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0233 was down 10.54% compared to the 2010 peak of 0.0260, 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 117 TOP

2010 Average 122 TOP

Yearly Trough Low 82 TOP

Transaction Impact: A difference of 34.39 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0236

0.0164

JanuMarcMayJulySeptNove

KES to TOP 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 0.0216, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0216

H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0028 TOP (High: 0.0200 / Low: 0.0171). On the other end, February was the most stable month, with a tight range of 0.0004 TOP (High: 0.0229 / Low: 0.0225).

November Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0230) against the same month in 2010 (average: 0.0251), the exchange rate shifted by -0.0021 (-8.43%).

2011 Avg (January) 0.0230

2010 Avg (January) 0.0251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0233	0.0228	0.0230
February	0.0229	0.0225	0.0227
March	0.0224	0.0216	0.0220
April	0.0223	0.0213	0.0218
May	0.0213	0.0203	0.0207
June	0.0203	0.0190	0.0196
July	0.0194	0.0177	0.0188
August	0.0178	0.0172	0.0176
September	0.0179	0.0169	0.0175
October	0.0172	0.0164	0.0170
November	0.0200	0.0171	0.0184
December	0.0210	0.0191	0.0201