2021 CVE to KES Historical Review

YEARLY HIGH

1.2130 KES

YEARLY LOW

1.1251 KES

YEARLY AVERAGE

1.1721 KES

2021 CVE to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.2130. Conversely, the yearly low was recorded on June 28, dropping to 1.1251.

This high-to-low spread represents a total annual volatility of 0.0880 KES. From a start-to-finish perspective, comparing the January average rate of 1.2083 to the December average rate of 1.1529, the exchange rate registered a net change of -4.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2130 was down 1.88% compared to the 2020 peak of 1.2363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,065 KES

2020 Average 5,487 KES

Yearly Trough Low 5,625 KES

Transaction Impact: A difference of 439.76 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2139

1.1474

JanuMarcMayJulySeptNove

CVE 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 1.1834, compared to 1.1608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 1.1834

H2 Avg (Jul–Dec) 1.1608

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0667 KES (High: 1.1918 / Low: 1.1251). On the other end, January was the most stable month, with a tight range of 0.0109 KES (High: 1.2130 / Low: 1.2022).

June Spread (Volatile) ±0.0667

January Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0193 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.2083) against the same month in 2020 (average: 1.0144), the exchange rate shifted by +0.1939 (+19.12%).

2021 Avg (January) 1.2083

2020 Avg (January) 1.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2130	1.2022	1.2083
February	1.2042	1.1870	1.1977
March	1.1968	1.1606	1.1783
April	1.1825	1.1476	1.1656
May	1.1944	1.1555	1.1781
June	1.1918	1.1251	1.1721
July	1.1655	1.1489	1.1545
August	1.1769	1.1561	1.1655
September	1.1824	1.1577	1.1733
October	1.1750	1.1555	1.1625
November	1.1719	1.1359	1.1559
December	1.1605	1.1463	1.1529