2020 KES to TOP Historical Review

YEARLY HIGH

0.0231 TOP

YEARLY LOW

0.0205 TOP

YEARLY AVERAGE

0.0216 TOP

2020 KES to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KES to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0231. Conversely, the yearly low was recorded on December 14, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0026 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0207, the exchange rate registered a net change of -9.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0231 was up 0.79% compared to the 2019 peak of 0.0229, 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

2019 Average 112 TOP

Yearly Trough Low 102 TOP

Transaction Impact: A difference of 13.25 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0232

0.0204

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 0.0222, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0222

H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0008 TOP (High: 0.0223 / Low: 0.0215). On the other end, October was the most stable month, with a tight range of 0.0002 TOP (High: 0.0214 / Low: 0.0212).

April Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0230) against the same month in 2019 (average: 0.0225), the exchange rate shifted by +0.0004 (+1.98%).

2020 Avg (February) 0.0230

2019 Avg (February) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0231	0.0225	0.0227
February	0.0231	0.0229	0.0230
March	0.0230	0.0223	0.0226
April	0.0223	0.0215	0.0219
May	0.0219	0.0214	0.0216
June	0.0215	0.0211	0.0213
July	0.0215	0.0210	0.0212
August	0.0212	0.0209	0.0211
September	0.0213	0.0209	0.0211
October	0.0214	0.0212	0.0213
November	0.0214	0.0208	0.0210
December	0.0210	0.0205	0.0207