2024 SBD to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 19.5162. Conversely, the yearly low was recorded on April 8, dropping to 15.0033.
This high-to-low spread represents a total annual volatility of 4.5128 KES. From a start-to-finish perspective, comparing the January average rate of 18.9748 to the December average rate of 15.4331, the exchange rate registered a net change of -18.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 19.5162 was up 4.56% compared to the 2023 peak of 18.6647, 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 2024.
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 16.5961, compared to 15.3987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1973 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 2.5955 KES (High: 19.4624 / Low: 16.8669). On the other end, October was the most stable month, with a tight range of 0.1636 KES (High: 15.6122 / Low: 15.4487).
Growth Streaks & Declines
TrendsBetween August and October, 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 February and March, when the average rate fell by 1.8023 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 18.9748) against the same month in 2023 (average: 14.9983), the exchange rate shifted by +3.9765 (+26.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.5162 | 18.4610 | 18.9748 |
| February | 19.4624 | 16.8669 | 18.0475 |
| March | 17.3432 | 15.5735 | 16.2452 |
| April | 15.8172 | 15.0033 | 15.4868 |
| May | 15.9281 | 15.0844 | 15.5031 |
| June | 15.4861 | 15.1991 | 15.3189 |
| July | 15.5516 | 15.0638 | 15.2725 |
| August | 15.3493 | 15.0905 | 15.2330 |
| September | 15.5563 | 15.1897 | 15.4611 |
| October | 15.6122 | 15.4487 | 15.5327 |
| November | 15.5451 | 15.3810 | 15.4600 |
| December | 15.5492 | 15.3379 | 15.4331 |