2015 TOP to KES Historical Review

YEARLY HIGH

48.9518 KES

YEARLY LOW

44.8424 KES

YEARLY AVERAGE

46.3307 KES

2015 TOP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TOP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 48.9518. Conversely, the yearly low was recorded on December 14, dropping to 44.8424.

This high-to-low spread represents a total annual volatility of 4.1094 KES. From a start-to-finish perspective, comparing the January average rate of 46.1038 to the December average rate of 45.5654, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 48.9518 was up 0.49% compared to the 2014 peak of 48.7125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 244,759 KES

2014 Average 233,060 KES

Yearly Trough Low 224,212 KES

Transaction Impact: A difference of 20,547.08 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

48.0359

45.2817

JanuMarcMayJulySeptNove

TOP 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 46.2650, compared to 46.3965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1316 points.

H1 Avg (Jan–Jun) 46.2650

H2 Avg (Jul–Dec) 46.3965

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 3.0178 KES (High: 48.9518 / Low: 45.9340). On the other end, January was the most stable month, with a tight range of 0.4173 KES (High: 46.3784 / Low: 45.9611).

September Spread (Volatile) ±3.0178

January Spread (Stable) ±0.4173

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 1.7377 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 47.8064) against the same month in 2014 (average: 46.6367), the exchange rate shifted by +1.1697 (+2.51%).

2015 Avg (September) 47.8064

2014 Avg (September) 46.6367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.3784	45.9611	46.1038
February	46.1889	45.1291	45.5531
March	45.7907	45.2002	45.5112
April	46.7515	45.4202	46.0704
May	48.4257	46.7587	47.5437
June	47.4689	45.5875	46.8075
July	47.8791	45.8305	46.8747
August	46.7607	45.4770	46.1125
September	48.9518	45.9340	47.8064
October	46.7044	45.7837	46.0687
November	46.3870	45.4128	45.9514
December	45.8673	44.8424	45.5654