YEARLY HIGH
113.5575 KES
YEARLY LOW
106.5153 KES
YEARLY AVERAGE
109.6666 KES

2021 BMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 113.5575. Conversely, the yearly low was recorded on May 10, dropping to 106.5153.

This high-to-low spread represents a total annual volatility of 7.0422 KES. From a start-to-finish perspective, comparing the January average rate of 109.9227 to the December average rate of 112.9869, the exchange rate registered a net change of 2.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 113.5575 was up 1.75% compared to the 2020 peak of 111.6000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 567,787 KES
2020 Average 532,438 KES
Yearly Trough Low 532,576 KES
Transaction Impact: A difference of 35,211.12 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

113.5400
106.9031
JanuMarcMayJulySeptNove

BMD 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 108.7549, compared to 110.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8235 points.

H1 Avg (Jan–Jun) 108.7549
H2 Avg (Jul–Dec) 110.5784

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.1038 KES (High: 108.9086 / Low: 106.8048). On the other end, June was the most stable month, with a tight range of 0.2415 KES (High: 107.9500 / Low: 107.7085).

April Spread (Volatile) ±2.1038
June Spread (Stable) ±0.2415

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7111 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.7111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 112.9869) against the same month in 2020 (average: 110.5012), the exchange rate shifted by +2.4857 (+2.25%).

2021 Avg (December) 112.9869
2020 Avg (December) 110.5012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.3989 109.2715 109.9227
February 110.1276 109.4000 109.6637
March 109.8545 109.4271 109.6903
April 108.9086 106.8048 107.9792
May 108.3400 106.5153 107.4562
June 107.9500 107.7085 107.8173
July 108.6104 107.7678 108.1438
August 109.8500 108.5900 109.3043
September 110.5091 109.8964 110.1587
October 111.2752 110.5000 110.8766
November 112.5572 111.2833 112.0000
December 113.5575 112.5328 112.9869