YEARLY HIGH
0.0776 KES
YEARLY LOW
0.0725 KES
YEARLY AVERAGE
0.0751 KES

2021 IQD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0776. Conversely, the yearly low was recorded on May 10, dropping to 0.0725.

This high-to-low spread represents a total annual volatility of 0.0052 KES. From a start-to-finish perspective, comparing the January average rate of 0.0752 to the December average rate of 0.0774, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0776 was down 17.08% compared to the 2020 peak of 0.0936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 388 KES
2020 Average 445 KES
Yearly Trough Low 362 KES
Transaction Impact: A difference of 25.83 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0778
0.0732
JanuMarcMayJulySeptNove

IQD 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 0.0745, compared to 0.0758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0745
H2 Avg (Jul–Dec) 0.0758

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0017 KES (High: 0.0741 / Low: 0.0725). On the other end, June was the most stable month, with a tight range of 0.0003 KES (High: 0.0740 / Low: 0.0737).

May Spread (Volatile) ±0.0017
June 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 0.0011 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0774) against the same month in 2020 (average: 0.0884), the exchange rate shifted by -0.0110 (-12.43%).

2021 Avg (December) 0.0774
2020 Avg (December) 0.0884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0755 0.0747 0.0752
February 0.0755 0.0748 0.0751
March 0.0753 0.0749 0.0751
April 0.0747 0.0731 0.0740
May 0.0741 0.0725 0.0736
June 0.0740 0.0737 0.0738
July 0.0744 0.0739 0.0741
August 0.0753 0.0743 0.0749
September 0.0757 0.0753 0.0755
October 0.0762 0.0757 0.0760
November 0.0771 0.0763 0.0767
December 0.0776 0.0770 0.0774