YEARLY HIGH
0.7997 KES
YEARLY LOW
0.6188 KES
YEARLY AVERAGE
0.6631 KES

2021 LRD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LRD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.7997. Conversely, the yearly low was recorded on April 14, dropping to 0.6188.

This high-to-low spread represents a total annual volatility of 0.1809 KES. From a start-to-finish perspective, comparing the January average rate of 0.6533 to the December average rate of 0.7924, the exchange rate registered a net change of 21.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7997 was up 13.77% compared to the 2020 peak of 0.7029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,999 KES
2020 Average 2,795 KES
Yearly Trough Low 3,094 KES
Transaction Impact: A difference of 904.50 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8091
0.6087
JanuMarcMayJulySeptNove

LRD 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 0.6334, compared to 0.6928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 0.6334
H2 Avg (Jul–Dec) 0.6928

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0883 KES (High: 0.7345 / Low: 0.6462). On the other end, June was the most stable month, with a tight range of 0.0020 KES (High: 0.6301 / Low: 0.6281).

October Spread (Volatile) ±0.0883
June Spread (Stable) ±0.0020

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 January and February, when the average rate fell by 0.0178 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7924) against the same month in 2020 (average: 0.6853), the exchange rate shifted by +0.1071 (+15.63%).

2021 Avg (December) 0.7924
2020 Avg (December) 0.6853

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6682 0.6442 0.6533
February 0.6440 0.6327 0.6355
March 0.6343 0.6298 0.6319
April 0.6295 0.6188 0.6255
May 0.6306 0.6197 0.6254
June 0.6301 0.6281 0.6290
July 0.6327 0.6282 0.6303
August 0.6392 0.6326 0.6366
September 0.6462 0.6395 0.6423
October 0.7345 0.6462 0.6818
November 0.7927 0.7413 0.7736
December 0.7997 0.7797 0.7924