YEARLY HIGH
6.1425 AOA
YEARLY LOW
4.8653 AOA
YEARLY AVERAGE
5.7179 AOA

2021 KES to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 6.1425. Conversely, the yearly low was recorded on December 30, dropping to 4.8653.

This high-to-low spread represents a total annual volatility of 1.2772 AOA. From a start-to-finish perspective, comparing the January average rate of 5.9655 to the December average rate of 4.9890, the exchange rate registered a net change of -16.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.1425 was up 0.26% compared to the 2020 peak of 6.1264, 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 30,713 AOA
2020 Average 27,134 AOA
Yearly Trough Low 24,327 AOA
Transaction Impact: A difference of 6,386.14 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.1611
4.8824
JanuMarcMayJulySeptNove

KES to AOA 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 5.9279, compared to 5.5079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4200 points.

H1 Avg (Jan–Jun) 5.9279
H2 Avg (Jul–Dec) 5.5079

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.3463 AOA (High: 5.7686 / Low: 5.4223). On the other end, October was the most stable month, with a tight range of 0.0557 AOA (High: 5.4208 / Low: 5.3651).

September Spread (Volatile) ±0.3463
October Spread (Stable) ±0.0557

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 6.0545) against the same month in 2020 (average: 5.2942), the exchange rate shifted by +0.7604 (+14.36%).

2021 Avg (May) 6.0545
2020 Avg (May) 5.2942

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.0002 5.9320 5.9655
February 5.9681 5.7935 5.9436
March 5.7561 5.6005 5.6763
April 6.0847 5.7711 5.9569
May 6.1425 5.9555 6.0545
June 6.0273 5.9496 5.9704
July 5.9786 5.8805 5.9361
August 5.8810 5.7771 5.8288
September 5.7686 5.4223 5.6104
October 5.4208 5.3651 5.3916
November 5.3647 5.0234 5.2913
December 5.0499 4.8653 4.9890