YEARLY HIGH
13.3471 KES
YEARLY LOW
12.0156 KES
YEARLY AVERAGE
12.7589 KES

2021 NOK to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 13.3471. Conversely, the yearly low was recorded on July 20, dropping to 12.0156.

This high-to-low spread represents a total annual volatility of 1.3314 KES. From a start-to-finish perspective, comparing the January average rate of 12.8990 to the December average rate of 12.5945, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.3471 was up 2.55% compared to the 2020 peak of 13.0150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,735 KES
2020 Average 56,755 KES
Yearly Trough Low 60,078 KES
Transaction Impact: A difference of 6,657.15 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.1746
12.2519
JanuMarcMayJulySeptNove

NOK 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 12.8733, compared to 12.6445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2289 points.

H1 Avg (Jan–Jun) 12.8733
H2 Avg (Jul–Dec) 12.6445

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.8153 KES (High: 13.2124 / Low: 12.3970). On the other end, May was the most stable month, with a tight range of 0.2502 KES (High: 13.0587 / Low: 12.8085).

November Spread (Volatile) ±0.8153
May Spread (Stable) ±0.2502

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4582 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 13.0977) against the same month in 2020 (average: 11.6909), the exchange rate shifted by +1.4068 (+12.03%).

2021 Avg (October) 13.0977
2020 Avg (October) 11.6909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.0554 12.7104 12.8990
February 13.1114 12.6771 12.8912
March 13.0600 12.6853 12.8653
April 13.1936 12.6223 12.8626
May 13.0587 12.8085 12.9350
June 13.0549 12.4292 12.7870
July 12.6053 12.0156 12.3288
August 12.6666 12.1124 12.3455
September 12.8849 12.5994 12.7175
October 13.3471 12.8012 13.0977
November 13.2124 12.3970 12.7827
December 12.8937 12.2631 12.5945