2021 KES to CVE Historical Review

YEARLY HIGH

0.8888 CVE

YEARLY LOW

0.8244 CVE

YEARLY AVERAGE

0.8534 CVE

2021 KES to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.8888. Conversely, the yearly low was recorded on January 9, dropping to 0.8244.

This high-to-low spread represents a total annual volatility of 0.0644 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8276 to the December average rate of 0.8674, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8888 was down 64.02% compared to the 2020 peak of 2.4706, 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 4,444 CVE

2020 Average 4,588 CVE

Yearly Trough Low 4,122 CVE

Transaction Impact: A difference of 322.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8713

0.8236

JanuMarcMayJulySeptNove

KES to CVE 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 0.8452, compared to 0.8616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.8452

H2 Avg (Jul–Dec) 0.8616

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0497 CVE (High: 0.8888 / Low: 0.8391). On the other end, January was the most stable month, with a tight range of 0.0074 CVE (High: 0.8318 / Low: 0.8244).

June Spread (Volatile) ±0.0497

January Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.8533) against the same month in 2020 (average: 0.9248), the exchange rate shifted by -0.0715 (-7.73%).

2021 Avg (June) 0.8533

2020 Avg (June) 0.9248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8318	0.8244	0.8276
February	0.8424	0.8304	0.8350
March	0.8616	0.8356	0.8487
April	0.8714	0.8457	0.8580
May	0.8654	0.8372	0.8489
June	0.8888	0.8391	0.8533
July	0.8704	0.8580	0.8662
August	0.8650	0.8497	0.8580
September	0.8638	0.8457	0.8523
October	0.8654	0.8510	0.8602
November	0.8803	0.8533	0.8652
December	0.8724	0.8617	0.8674