2021 CDF to KES Historical Review

YEARLY HIGH

0.0570 KES

YEARLY LOW

0.0534 KES

YEARLY AVERAGE

0.0551 KES

2021 CDF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0570. Conversely, the yearly low was recorded on May 10, dropping to 0.0534.

This high-to-low spread represents a total annual volatility of 0.0036 KES. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0565, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0570 was down 23.59% compared to the 2020 peak of 0.0746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285 KES

2020 Average 289 KES

Yearly Trough Low 267 KES

Transaction Impact: A difference of 17.95 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0567

0.0536

JanuMarcMayJulySeptNove

CDF 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 0.0548, compared to 0.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0548

H2 Avg (Jul–Dec) 0.0554

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0014 KES (High: 0.0549 / Low: 0.0536). On the other end, September was the most stable month, with a tight range of 0.0003 KES (High: 0.0554 / Low: 0.0551).

April Spread (Volatile) ±0.0014

September Spread (Stable) ±0.0003

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 0.0009 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0565) against the same month in 2020 (average: 0.0567), the exchange rate shifted by -0.0002 (-0.34%).

2021 Avg (December) 0.0565

2020 Avg (December) 0.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0560	0.0554	0.0557
February	0.0557	0.0552	0.0554
March	0.0558	0.0549	0.0552
April	0.0549	0.0536	0.0543
May	0.0542	0.0534	0.0538
June	0.0544	0.0540	0.0542
July	0.0547	0.0539	0.0543
August	0.0553	0.0545	0.0550
September	0.0554	0.0551	0.0553
October	0.0559	0.0549	0.0555
November	0.0562	0.0555	0.0559
December	0.0570	0.0563	0.0565