YEARLY HIGH
23.1317 KES
YEARLY LOW
18.1598 KES
YEARLY AVERAGE
20.6079 KES

2023 TTD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 23.1317. Conversely, the yearly low was recorded on January 1, dropping to 18.1598.

This high-to-low spread represents a total annual volatility of 4.9720 KES. From a start-to-finish perspective, comparing the January average rate of 18.2550 to the December average rate of 22.7201, the exchange rate registered a net change of 24.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.1317 was up 27.27% compared to the 2022 peak of 18.1751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115,659 KES
2022 Average 86,870 KES
Yearly Trough Low 90,799 KES
Transaction Impact: A difference of 24,859.84 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.1666
17.8085
JanuMarcMayJulySeptNove

TTD 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 19.4139, compared to 21.8019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3880 points.

H1 Avg (Jan–Jun) 19.4139
H2 Avg (Jul–Dec) 21.8019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7878 KES (High: 19.5622 / Low: 18.7743). On the other end, January was the most stable month, with a tight range of 0.1703 KES (High: 18.3301 / Low: 18.1598).

March Spread (Volatile) ±0.7878
January Spread (Stable) ±0.1703

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: 22.7201) against the same month in 2022 (average: 18.1231), the exchange rate shifted by +4.5970 (+25.37%).

2023 Avg (December) 22.7201
2022 Avg (December) 18.1231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3301 18.1598 18.2550
February 18.7379 18.2108 18.5015
March 19.5622 18.7743 19.1130
April 20.2807 19.5475 19.8147
May 20.4289 19.9321 20.2227
June 20.7918 20.1986 20.5767
July 21.0416 20.5244 20.8572
August 21.4077 20.9501 21.1847
September 21.8223 21.3558 21.6412
October 22.2159 21.7905 22.0048
November 22.5908 22.1817 22.4036
December 23.1317 22.4496 22.7201