YEARLY HIGH
3.8544 NGN
YEARLY LOW
3.4544 NGN
YEARLY AVERAGE
3.6780 NGN

2021 KES to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 3.8544. Conversely, the yearly low was recorded on January 29, dropping to 3.4544.

This high-to-low spread represents a total annual volatility of 0.4000 NGN. From a start-to-finish perspective, comparing the January average rate of 3.5283 to the December average rate of 3.6396, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.8544 was up 3.58% compared to the 2020 peak of 3.7213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,272 NGN
2020 Average 17,860 NGN
Yearly Trough Low 17,272 NGN
Transaction Impact: A difference of 2,000.15 NGN purely based on transaction execution date.

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3.8437
3.4996
JanuMarcMayJulySeptNove

KES to NGN 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 3.6360, compared to 3.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0839 points.

H1 Avg (Jan–Jun) 3.6360
H2 Avg (Jul–Dec) 3.7199

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.3214 NGN (High: 3.8544 / Low: 3.5330). On the other end, July was the most stable month, with a tight range of 0.0243 NGN (High: 3.8131 / Low: 3.7889).

May Spread (Volatile) Âą0.3214
July Spread (Stable) Âą0.0243

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0378 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 3.7616) against the same month in 2020 (average: 3.6469), the exchange rate shifted by +0.1147 (+3.14%).

2021 Avg (May) 3.7616
2020 Avg (May) 3.6469

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Month High Low Average
January 3.6149 3.4544 3.5283
February 3.7533 3.4555 3.5554
March 3.7442 3.4638 3.5375
April 3.8200 3.4986 3.6184
May 3.8544 3.5330 3.7616
June 3.8274 3.7995 3.8150
July 3.8131 3.7889 3.8022
August 3.7895 3.7459 3.7652
September 3.7470 3.7176 3.7361
October 3.7299 3.6898 3.7071
November 3.7050 3.6435 3.6693
December 3.6592 3.6265 3.6396