YEARLY HIGH
0.0553 GHS
YEARLY LOW
0.0522 GHS
YEARLY AVERAGE
0.0540 GHS

2021 KES to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 0.0553. Conversely, the yearly low was recorded on March 1, dropping to 0.0522.

This high-to-low spread represents a total annual volatility of 0.0031 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0533 to the December average rate of 0.0544, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0553 was down 2.20% compared to the 2020 peak of 0.0566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 277 GHS
2020 Average 269 GHS
Yearly Trough Low 261 GHS
Transaction Impact: A difference of 15.56 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0553
0.0521
JanuMarcMayJulySeptNove

KES to GHS 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 0.0533, compared to 0.0547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0533
H2 Avg (Jul–Dec) 0.0547

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0013 GHS (High: 0.0541 / Low: 0.0529). On the other end, November was the most stable month, with a tight range of 0.0003 GHS (High: 0.0549 / Low: 0.0545).

April Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0551) against the same month in 2020 (average: 0.0534), the exchange rate shifted by +0.0017 (+3.16%).

2021 Avg (August) 0.0551
2020 Avg (August) 0.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0538 0.0529 0.0533
February 0.0532 0.0524 0.0528
March 0.0528 0.0522 0.0524
April 0.0541 0.0529 0.0535
May 0.0541 0.0532 0.0537
June 0.0542 0.0536 0.0539
July 0.0552 0.0542 0.0549
August 0.0553 0.0547 0.0551
September 0.0551 0.0541 0.0548
October 0.0550 0.0546 0.0548
November 0.0549 0.0545 0.0547
December 0.0547 0.0538 0.0544