2021 ETB to KES Historical Review

YEARLY HIGH

2.7992 KES

YEARLY LOW

0.4999 KES

YEARLY AVERAGE

2.5087 KES

2021 ETB to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 2.7992. Conversely, the yearly low was recorded on December 27, dropping to 0.4999.

This high-to-low spread represents a total annual volatility of 2.2993 KES. From a start-to-finish perspective, comparing the January average rate of 2.7888 to the December average rate of 2.2650, the exchange rate registered a net change of -18.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7992 was down 14.62% compared to the 2020 peak of 3.2786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,996 KES

2020 Average 15,270 KES

Yearly Trough Low 2,499 KES

Transaction Impact: A difference of 11,496.50 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.8412

2.2127

JanuMarcMayJulySeptNove

ETB 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 2.6405, compared to 2.3769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2637 points.

H1 Avg (Jan–Jun) 2.6405

H2 Avg (Jul–Dec) 2.3769

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.8528 KES (High: 2.3527 / Low: 0.4999). On the other end, January was the most stable month, with a tight range of 0.0246 KES (High: 2.7992 / Low: 2.7746).

December Spread (Volatile) ±1.8528

January Spread (Stable) ±0.0246

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1159 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.7888) against the same month in 2020 (average: 3.1533), the exchange rate shifted by -0.3645 (-11.56%).

2021 Avg (January) 2.7888

2020 Avg (January) 3.1533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7992	2.7746	2.7888
February	2.7892	2.7211	2.7530
March	2.7340	2.6559	2.7092
April	2.6553	2.5653	2.5933
May	2.5724	2.4744	2.5202
June	2.5006	2.4584	2.4787
July	2.4739	2.4438	2.4544
August	2.4623	2.4057	2.4222
September	2.4148	2.3689	2.3915
October	2.3918	2.3459	2.3708
November	2.3810	2.3328	2.3573
December	2.3527	0.4999	2.2650