YEARLY HIGH
0.0079 USD
YEARLY LOW
0.0061 USD
YEARLY AVERAGE
0.0075 USD

2024 KES to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0079. Conversely, the yearly low was recorded on February 4, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0018 USD. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0077, the exchange rate registered a net change of 23.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0079 was down 2.93% compared to the 2023 peak of 0.0081, 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 39 USD
2023 Average 36 USD
Yearly Trough Low 30 USD
Transaction Impact: A difference of 8.84 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0079
0.0061
JanuMarcMayJulySeptNove

KES to USD 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 0.0072, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0072
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0009 USD (High: 0.0070 / Low: 0.0061). On the other end, October was the most stable month, with a tight range of 0.0000 USD (High: 0.0078 / Low: 0.0077).

February Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0077) against the same month in 2023 (average: 0.0071), the exchange rate shifted by +0.0007 (+9.58%).

2024 Avg (July) 0.0077
2023 Avg (July) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0061 0.0063
February 0.0070 0.0061 0.0066
March 0.0076 0.0068 0.0073
April 0.0079 0.0074 0.0076
May 0.0078 0.0074 0.0076
June 0.0078 0.0076 0.0077
July 0.0079 0.0076 0.0077
August 0.0078 0.0077 0.0077
September 0.0078 0.0077 0.0078
October 0.0078 0.0077 0.0077
November 0.0078 0.0077 0.0077
December 0.0078 0.0077 0.0077