2015 KES to TOP Historical Review

YEARLY HIGH

0.0223 TOP

YEARLY LOW

0.0204 TOP

YEARLY AVERAGE

0.0216 TOP

2015 KES to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the KES to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0223. Conversely, the yearly low was recorded on September 24, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0019 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0217 to the December average rate of 0.0219, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0223 was down 0.15% compared to the 2014 peak of 0.0223, 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 112 TOP

2014 Average 107 TOP

Yearly Trough Low 102 TOP

Transaction Impact: A difference of 9.36 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0221

0.0208

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 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0216

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.0013 TOP (High: 0.0218 / Low: 0.0204). On the other end, January was the most stable month, with a tight range of 0.0002 TOP (High: 0.0218 / Low: 0.0216).

September Spread (Volatile) ±0.0013

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0219) against the same month in 2014 (average: 0.0217), the exchange rate shifted by +0.0002 (+1.11%).

2015 Avg (December) 0.0219

2014 Avg (December) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0218	0.0216	0.0217
February	0.0222	0.0217	0.0220
March	0.0221	0.0218	0.0220
April	0.0220	0.0214	0.0217
May	0.0214	0.0207	0.0210
June	0.0219	0.0211	0.0214
July	0.0218	0.0209	0.0213
August	0.0220	0.0214	0.0217
September	0.0218	0.0204	0.0209
October	0.0218	0.0214	0.0217
November	0.0220	0.0216	0.0218
December	0.0223	0.0218	0.0219