2023 SBD to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 18.6647. Conversely, the yearly low was recorded on January 14, dropping to 14.8727.
This high-to-low spread represents a total annual volatility of 3.7921 KES. From a start-to-finish perspective, comparing the January average rate of 14.9983 to the December average rate of 18.2635, the exchange rate registered a net change of 21.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.6647 was up 24.23% compared to the 2022 peak of 15.0249, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD to KES Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.9049, compared to 17.5873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6824 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 0.7048 KES (High: 18.6647 / Low: 17.9599). On the other end, January was the most stable month, with a tight range of 0.2795 KES (High: 15.1522 / Low: 14.8727).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 18.2635) against the same month in 2022 (average: 14.9587), the exchange rate shifted by +3.3048 (+22.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.1522 | 14.8727 | 14.9983 |
| February | 15.4385 | 15.1050 | 15.2596 |
| March | 16.0952 | 15.4572 | 15.7448 |
| April | 16.3531 | 16.0429 | 16.2034 |
| May | 16.6363 | 16.2860 | 16.4786 |
| June | 16.9093 | 16.4872 | 16.7450 |
| July | 17.0583 | 16.5968 | 16.9034 |
| August | 17.3726 | 16.9965 | 17.1774 |
| September | 17.6775 | 17.2894 | 17.4733 |
| October | 17.8633 | 17.4264 | 17.6988 |
| November | 18.1264 | 17.7592 | 18.0077 |
| December | 18.6647 | 17.9599 | 18.2635 |