2021 KES to BIF Historical Review

YEARLY HIGH

18.5236 BIF

YEARLY LOW

17.6186 BIF

YEARLY AVERAGE

18.0060 BIF

2021 KES to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 18.5236. Conversely, the yearly low was recorded on January 30, dropping to 17.6186.

This high-to-low spread represents a total annual volatility of 0.9049 BIF. From a start-to-finish perspective, comparing the January average rate of 17.7100 to the December average rate of 17.6806, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.5236 was down 1.70% compared to the 2020 peak of 18.8440, 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 92,618 BIF

2020 Average 89,937 BIF

Yearly Trough Low 88,093 BIF

Transaction Impact: A difference of 4,524.75 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.4185

17.6135

JanuMarcMayJulySeptNove

KES to BIF 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 18.0159, compared to 17.9962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 18.0159

H2 Avg (Jul–Dec) 17.9962

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.4306 BIF (High: 18.5236 / Low: 18.0929). On the other end, December was the most stable month, with a tight range of 0.0618 BIF (High: 17.7119 / Low: 17.6501).

May Spread (Volatile) ±0.4306

December Spread (Stable) ±0.0618

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1757 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 18.3255) against the same month in 2020 (average: 17.8383), the exchange rate shifted by +0.4872 (+2.73%).

2021 Avg (May) 18.3255

2020 Avg (May) 17.8383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.7939	17.6186	17.7100
February	17.9250	17.6335	17.7880
March	17.9125	17.7518	17.8251
April	18.3116	17.8818	18.0953
May	18.5236	18.0929	18.3255
June	18.4137	18.3040	18.3514
July	18.4152	18.2399	18.3257
August	18.2864	18.0601	18.1501
September	18.1034	18.0132	18.0527
October	18.0633	17.9121	17.9697
November	17.9220	17.7056	17.7985
December	17.7119	17.6501	17.6806