YEARLY HIGH
0.0074 KES
YEARLY LOW
0.0057 KES
YEARLY AVERAGE
0.0060 KES

2024 STD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0074. Conversely, the yearly low was recorded on July 14, dropping to 0.0057.

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 0.0072 to the December average rate of 0.0058, the exchange rate registered a net change of -19.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0074 was up 4.25% compared to the 2023 peak of 0.0071, 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 37 KES
2023 Average 31 KES
Yearly Trough Low 29 KES
Transaction Impact: A difference of 8.27 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0073
0.0056
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 0.0063, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0010 KES (High: 0.0074 / Low: 0.0064). On the other end, October was the most stable month, with a tight range of 0.0000 KES (High: 0.0058 / Low: 0.0058).

February Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0068) against the same month in 2023 (average: 0.0055), the exchange rate shifted by +0.0013 (+24.37%).

2024 Avg (February) 0.0068
2023 Avg (February) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0070 0.0072
February 0.0074 0.0064 0.0068
March 0.0066 0.0059 0.0062
April 0.0060 0.0057 0.0059
May 0.0061 0.0058 0.0059
June 0.0059 0.0058 0.0058
July 0.0059 0.0057 0.0058
August 0.0058 0.0058 0.0058
September 0.0058 0.0058 0.0058
October 0.0058 0.0058 0.0058
November 0.0058 0.0058 0.0058
December 0.0058 0.0058 0.0058