2019 KES to TOP Historical Review

YEARLY HIGH

0.0229 TOP

YEARLY LOW

0.0219 TOP

YEARLY AVERAGE

0.0225 TOP

2019 KES to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KES to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0229. Conversely, the yearly low was recorded on July 24, dropping to 0.0219.

This high-to-low spread represents a total annual volatility of 0.0010 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0227, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0229 was down 1.51% compared to the 2018 peak of 0.0233, 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 115 TOP

2018 Average 112 TOP

Yearly Trough Low 109 TOP

Transaction Impact: A difference of 5.20 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0227

0.0220

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 0.0225, compared to 0.0224 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) 0.0225

H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0008 TOP (High: 0.0227 / Low: 0.0219). On the other end, October was the most stable month, with a tight range of 0.0002 TOP (High: 0.0225 / Low: 0.0223).

April Spread (Volatile) ±0.0008

October 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0226) against the same month in 2018 (average: 0.0224), the exchange rate shifted by +0.0002 (+0.97%).

2019 Avg (November) 0.0226

2018 Avg (November) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0226	0.0221	0.0223
February	0.0227	0.0224	0.0225
March	0.0228	0.0223	0.0225
April	0.0227	0.0219	0.0224
May	0.0227	0.0225	0.0226
June	0.0227	0.0222	0.0225
July	0.0223	0.0219	0.0221
August	0.0225	0.0223	0.0224
September	0.0225	0.0221	0.0223
October	0.0225	0.0223	0.0224
November	0.0229	0.0224	0.0226
December	0.0229	0.0225	0.0227