2023 XCD to KES Historical Review

YEARLY HIGH

58.2033 KES

YEARLY LOW

45.6648 KES

YEARLY AVERAGE

51.7378 KES

2023 XCD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 58.2033. Conversely, the yearly low was recorded on January 2, dropping to 45.6648.

This high-to-low spread represents a total annual volatility of 12.5385 KES. From a start-to-finish perspective, comparing the January average rate of 45.8647 to the December average rate of 57.1533, the exchange rate registered a net change of 24.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 58.2033 was up 27.37% compared to the 2022 peak of 45.6976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,016 KES

2022 Average 218,213 KES

Yearly Trough Low 228,324 KES

Transaction Impact: A difference of 62,692.61 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.2821

44.7359

JanuMarcMayJulySeptNove

XCD 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 48.7391, compared to 54.7364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9972 points.

H1 Avg (Jan–Jun) 48.7391

H2 Avg (Jul–Dec) 54.7364

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.9639 KES (High: 49.0278 / Low: 47.0639). On the other end, January was the most stable month, with a tight range of 0.3905 KES (High: 46.0552 / Low: 45.6648).

March Spread (Volatile) ±1.9639

January Spread (Stable) ±0.3905

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: 57.1533) against the same month in 2022 (average: 45.5271), the exchange rate shifted by +11.6262 (+25.54%).

2023 Avg (December) 57.1533

2022 Avg (December) 45.5271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.0552	45.6648	45.8647
February	47.0297	46.0804	46.4898
March	49.0278	47.0639	47.9438
April	50.3404	49.0278	49.7180
May	51.3034	50.0173	50.7708
June	52.1026	50.8850	51.6477
July	52.6910	51.1766	52.3228
August	53.8010	52.6318	53.1913
September	54.8371	53.6966	54.3082
October	55.7251	54.4186	55.2279
November	56.6502	55.3490	56.2148
December	58.2033	56.3701	57.1533