YEARLY HIGH
0.0216 KES
YEARLY LOW
0.0167 KES
YEARLY AVERAGE
0.0192 KES

2023 PYG to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0216. Conversely, the yearly low was recorded on January 23, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0049 KES. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0210, the exchange rate registered a net change of 24.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0216 was up 22.07% compared to the 2022 peak of 0.0177, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 KES
2022 Average 84 KES
Yearly Trough Low 83 KES
Transaction Impact: A difference of 24.30 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0214
0.0164
JanuMarcMayJulySeptNove

PYG 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 0.0182, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0182
H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0011 KES (High: 0.0216 / Low: 0.0205). On the other end, January was the most stable month, with a tight range of 0.0002 KES (High: 0.0169 / Low: 0.0167).

December Spread (Volatile) ±0.0011
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0210) against the same month in 2022 (average: 0.0170), the exchange rate shifted by +0.0040 (+23.34%).

2023 Avg (December) 0.0210
2022 Avg (December) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0167 0.0168
February 0.0174 0.0169 0.0172
March 0.0185 0.0175 0.0180
April 0.0190 0.0185 0.0188
May 0.0192 0.0187 0.0191
June 0.0194 0.0189 0.0193
July 0.0196 0.0192 0.0195
August 0.0200 0.0195 0.0198
September 0.0203 0.0199 0.0202
October 0.0204 0.0200 0.0202
November 0.0206 0.0202 0.0204
December 0.0216 0.0205 0.0210