YEARLY HIGH
1.0202 KES
YEARLY LOW
0.8491 KES
YEARLY AVERAGE
0.9281 KES

2018 NPR to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0202. Conversely, the yearly low was recorded on October 9, dropping to 0.8491.

This high-to-low spread represents a total annual volatility of 0.1711 KES. From a start-to-finish perspective, comparing the January average rate of 1.0105 to the December average rate of 0.9042, the exchange rate registered a net change of -10.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0202 was down 0.25% compared to the 2017 peak of 1.0228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 5,101 KES
2017 Average 4,966 KES
Yearly Trough Low 4,245 KES
Transaction Impact: A difference of 855.66 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0257
0.8432
JanuMarcMayJulySeptNove

NPR to KES 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 0.9648, compared to 0.8914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0735 points.

H1 Avg (Jan–Jun) 0.9648
H2 Avg (Jul–Dec) 0.8914

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0573 KES (High: 0.9201 / Low: 0.8627). On the other end, July was the most stable month, with a tight range of 0.0086 KES (High: 0.9210 / Low: 0.9124).

November Spread (Volatile) ±0.0573
July Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0300 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.0105) against the same month in 2017 (average: 0.9525), the exchange rate shifted by +0.0580 (+6.09%).

2018 Avg (January) 1.0105
2017 Avg (January) 0.9525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0202 1.0019 1.0105
February 0.9992 0.9713 0.9846
March 0.9777 0.9657 0.9723
April 0.9758 0.9358 0.9577
May 0.9452 0.9209 0.9322
June 0.9443 0.9195 0.9317
July 0.9210 0.9124 0.9161
August 0.9184 0.8869 0.9048
September 0.8869 0.8664 0.8747
October 0.8668 0.8491 0.8584
November 0.9201 0.8627 0.8902
December 0.9164 0.8893 0.9042