2021 KES to CDF Historical Review

YEARLY HIGH

18.7268 CDF

YEARLY LOW

17.5469 CDF

YEARLY AVERAGE

18.1597 CDF

2021 KES to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 18.7268. Conversely, the yearly low was recorded on December 7, dropping to 17.5469.

This high-to-low spread represents a total annual volatility of 1.1798 CDF. From a start-to-finish perspective, comparing the January average rate of 17.9542 to the December average rate of 17.7059, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.7268 was up 1.68% compared to the 2020 peak of 18.4181, 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 93,634 CDF

2020 Average 86,833 CDF

Yearly Trough Low 87,735 CDF

Transaction Impact: A difference of 5,899.20 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.6600

17.6191

JanuMarcMayJulySeptNove

KES to CDF 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 18.2669, compared to 18.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2144 points.

H1 Avg (Jan–Jun) 18.2669

H2 Avg (Jul–Dec) 18.0525

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.4654 CDF (High: 18.6642 / Low: 18.1988). On the other end, September was the most stable month, with a tight range of 0.1130 CDF (High: 18.1497 / Low: 18.0367).

April Spread (Volatile) ±0.4654

September Spread (Stable) ±0.1130

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2297 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 18.5732) against the same month in 2020 (average: 16.7414), the exchange rate shifted by +1.8318 (+10.94%).

2021 Avg (May) 18.5732

2020 Avg (May) 16.7414

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0540	17.8444	17.9542
February	18.1015	17.9624	18.0597
March	18.2034	17.9305	18.1212
April	18.6642	18.1988	18.4263
May	18.7268	18.4383	18.5732
June	18.5297	18.3909	18.4669
July	18.5681	18.2926	18.4211
August	18.3505	18.0706	18.1914
September	18.1497	18.0367	18.0755
October	18.2023	17.8928	18.0227
November	18.0267	17.7836	17.8984
December	17.7767	17.5469	17.7059