YEARLY HIGH
10.8129 KRW
YEARLY LOW
9.8937 KRW
YEARLY AVERAGE
10.4378 KRW

2021 KES to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 10.8129. Conversely, the yearly low was recorded on January 2, dropping to 9.8937.

This high-to-low spread represents a total annual volatility of 0.9192 KRW. From a start-to-finish perspective, comparing the January average rate of 10.0052 to the December average rate of 10.4827, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.8129 was down 10.28% compared to the 2020 peak of 12.0512, 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 54,064 KRW
2020 Average 55,447 KRW
Yearly Trough Low 49,468 KRW
Transaction Impact: A difference of 4,596.00 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.7275
9.9396
JanuMarcMayJulySeptNove

KES to KRW 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 10.2777, compared to 10.5978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3201 points.

H1 Avg (Jan–Jun) 10.2777
H2 Avg (Jul–Dec) 10.5978

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.3625 KRW (High: 10.4035 / Low: 10.0409). On the other end, December was the most stable month, with a tight range of 0.1508 KRW (High: 10.5354 / Low: 10.3847).

March Spread (Volatile) ±0.3625
December Spread (Stable) ±0.1508

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1095 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 10.6618) against the same month in 2020 (average: 10.5321), the exchange rate shifted by +0.1297 (+1.23%).

2021 Avg (October) 10.6618
2020 Avg (October) 10.5321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1613 9.8937 10.0052
February 10.2477 10.0656 10.1400
March 10.4035 10.0409 10.3040
April 10.5058 10.2704 10.3619
May 10.5884 10.2867 10.4405
June 10.5311 10.2890 10.4149
July 10.6562 10.4701 10.5844
August 10.7603 10.5145 10.6180
September 10.7733 10.5059 10.6476
October 10.8129 10.5090 10.6618
November 10.7578 10.5152 10.5922
December 10.5354 10.3847 10.4827