2021 KES to AFN Historical Review

YEARLY HIGH

1.0442 AFN

YEARLY LOW

0.6993 AFN

YEARLY AVERAGE

0.7598 AFN

2021 KES to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.0442. Conversely, the yearly low was recorded on January 16, dropping to 0.6993.

This high-to-low spread represents a total annual volatility of 0.3449 AFN. From a start-to-finish perspective, comparing the January average rate of 0.7034 to the December average rate of 0.9020, the exchange rate registered a net change of 28.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0442 was up 34.75% compared to the 2020 peak of 0.7749, 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 5,221 AFN

2020 Average 3,611 AFN

Yearly Trough Low 3,496 AFN

Transaction Impact: A difference of 1,724.62 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9218

0.6836

JanuMarcMayJulySeptNove

KES to AFN 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 0.7147, compared to 0.8050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0903 points.

H1 Avg (Jan–Jun) 0.7147

H2 Avg (Jul–Dec) 0.8050

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1918 AFN (High: 1.0442 / Low: 0.8524). On the other end, March was the most stable month, with a tight range of 0.0085 AFN (High: 0.7114 / Low: 0.7029).

December Spread (Volatile) ±0.1918

March Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.9020) against the same month in 2020 (average: 0.6975), the exchange rate shifted by +0.2044 (+29.31%).

2021 Avg (December) 0.9020

2020 Avg (December) 0.6975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7107	0.6993	0.7034
February	0.7138	0.7010	0.7051
March	0.7114	0.7029	0.7062
April	0.7288	0.7094	0.7197
May	0.7331	0.7171	0.7240
June	0.7375	0.7271	0.7298
July	0.7589	0.7323	0.7397
August	0.7873	0.7329	0.7606
September	0.8083	0.7705	0.7870
October	0.8194	0.8053	0.8125
November	0.8552	0.8112	0.8280
December	1.0442	0.8524	0.9020