2024 KES to TRY Historical Review

YEARLY HIGH

0.2737 TRY

YEARLY LOW

0.1853 TRY

YEARLY AVERAGE

0.2459 TRY

2024 KES to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.2737. Conversely, the yearly low was recorded on January 25, dropping to 0.1853.

This high-to-low spread represents a total annual volatility of 0.0883 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1884 to the December average rate of 0.2707, the exchange rate registered a net change of 43.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2737 was up 43.71% compared to the 2023 peak of 0.1904, 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 1,368 TRY

2023 Average 846 TRY

Yearly Trough Low 927 TRY

Transaction Impact: A difference of 441.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2789

0.1801

JanuMarcMayJulySeptNove

KES to TRY 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 0.2280, compared to 0.2639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.2280

H2 Avg (Jul–Dec) 0.2639

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0318 TRY (High: 0.2453 / Low: 0.2135). On the other end, October was the most stable month, with a tight range of 0.0014 TRY (High: 0.2660 / Low: 0.2646).

March Spread (Volatile) ±0.0318

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0012 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2707) against the same month in 2023 (average: 0.1884), the exchange rate shifted by +0.0823 (+43.67%).

2024 Avg (December) 0.2707

2023 Avg (December) 0.1884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1917	0.1853	0.1884
February	0.2162	0.1865	0.2026
March	0.2453	0.2135	0.2335
April	0.2547	0.2418	0.2465
May	0.2514	0.2396	0.2453
June	0.2556	0.2465	0.2515
July	0.2603	0.2493	0.2551
August	0.2651	0.2553	0.2609
September	0.2652	0.2628	0.2642
October	0.2660	0.2646	0.2655
November	0.2680	0.2652	0.2667
December	0.2737	0.2680	0.2707