2023 STD to KES Historical Review

YEARLY HIGH

0.0071 KES

YEARLY LOW

0.0054 KES

YEARLY AVERAGE

0.0062 KES

2023 STD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0071. Conversely, the yearly low was recorded on January 2, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0017 KES. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0069, the exchange rate registered a net change of 27.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0071 was up 30.47% compared to the 2022 peak of 0.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 KES

2022 Average 27 KES

Yearly Trough Low 27 KES

Transaction Impact: A difference of 8.26 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071

0.0053

JanuMarcMayJulySeptNove

STD 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 0.0058, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0058

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 KES (High: 0.0064 / Low: 0.0061). On the other end, January was the most stable month, with a tight range of 0.0000 KES (High: 0.0055 / Low: 0.0054).

July Spread (Volatile) ±0.0003

January Spread (Stable) ±0.0000

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: 0.0069) against the same month in 2022 (average: 0.0054), the exchange rate shifted by +0.0015 (+28.59%).

2023 Avg (December) 0.0069

2022 Avg (December) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0054	0.0054
February	0.0056	0.0055	0.0055
March	0.0058	0.0056	0.0057
April	0.0060	0.0058	0.0059
May	0.0061	0.0059	0.0060
June	0.0062	0.0060	0.0061
July	0.0064	0.0061	0.0062
August	0.0065	0.0064	0.0065
September	0.0067	0.0065	0.0066
October	0.0068	0.0066	0.0067
November	0.0069	0.0067	0.0068
December	0.0071	0.0068	0.0069