YEARLY HIGH
0.0219 XCD
YEARLY LOW
0.0172 XCD
YEARLY AVERAGE
0.0194 XCD

2023 KES to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0219. Conversely, the yearly low was recorded on December 30, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.0047 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0175, the exchange rate registered a net change of -19.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0219 was down 8.56% compared to the 2022 peak of 0.0239, 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 109 XCD
2022 Average 115 XCD
Yearly Trough Low 86 XCD
Transaction Impact: A difference of 23.59 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0222
0.0171
JanuMarcMayJulySeptNove

KES to XCD 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 0.0206, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0009 XCD (High: 0.0212 / Low: 0.0204). On the other end, January was the most stable month, with a tight range of 0.0002 XCD (High: 0.0219 / Low: 0.0217).

March Spread (Volatile) ±0.0009
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0007 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0218) against the same month in 2022 (average: 0.0238), the exchange rate shifted by -0.0020 (-8.52%).

2023 Avg (January) 0.0218
2022 Avg (January) 0.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0219 0.0217 0.0218
February 0.0217 0.0213 0.0215
March 0.0212 0.0204 0.0209
April 0.0204 0.0199 0.0201
May 0.0200 0.0195 0.0197
June 0.0197 0.0192 0.0194
July 0.0195 0.0190 0.0191
August 0.0190 0.0186 0.0188
September 0.0186 0.0182 0.0184
October 0.0184 0.0179 0.0181
November 0.0181 0.0177 0.0178
December 0.0177 0.0172 0.0175