2021 GEL to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 36.8349. Conversely, the yearly low was recorded on April 14, dropping to 31.0028.
This high-to-low spread represents a total annual volatility of 5.8320 KES. From a start-to-finish perspective, comparing the January average rate of 33.2802 to the December average rate of 36.4824, the exchange rate registered a net change of 9.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 36.8349 was down 0.61% compared to the 2020 peak of 37.0609, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GEL to KES Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.7897, compared to 35.4891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6995 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 2.0252 KES (High: 33.0399 / Low: 31.0148). On the other end, August was the most stable month, with a tight range of 0.2408 KES (High: 35.3650 / Low: 35.1242).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.4406 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 36.4824) against the same month in 2020 (average: 33.5441), the exchange rate shifted by +2.9384 (+8.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.4548 | 33.0615 | 33.2802 |
| February | 33.2712 | 32.9227 | 33.0905 |
| March | 33.0389 | 32.1461 | 32.8776 |
| April | 31.8446 | 31.0028 | 31.4370 |
| May | 33.0399 | 31.0148 | 31.8666 |
| June | 34.7103 | 33.0394 | 34.1860 |
| July | 35.3203 | 34.0916 | 34.6491 |
| August | 35.3650 | 35.1242 | 35.2518 |
| September | 35.5588 | 35.3093 | 35.4480 |
| October | 35.5466 | 35.1415 | 35.3894 |
| November | 36.3604 | 35.1606 | 35.7140 |
| December | 36.8349 | 36.0215 | 36.4824 |