YEARLY HIGH
0.0323 GEL
YEARLY LOW
0.0271 GEL
YEARLY AVERAGE
0.0294 GEL

2021 KES to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.0323. Conversely, the yearly low was recorded on December 26, dropping to 0.0271.

This high-to-low spread represents a total annual volatility of 0.0051 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0300 to the December average rate of 0.0274, the exchange rate registered a net change of -8.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0323 was down 1.17% compared to the 2020 peak of 0.0326, 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 161 GEL
2020 Average 146 GEL
Yearly Trough Low 136 GEL
Transaction Impact: A difference of 25.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0323
0.0270
JanuMarcMayJulySeptNove

KES to GEL 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 0.0305, compared to 0.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0305
H2 Avg (Jul–Dec) 0.0282

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0020 GEL (High: 0.0322 / Low: 0.0303). On the other end, August was the most stable month, with a tight range of 0.0002 GEL (High: 0.0285 / Low: 0.0283).

May Spread (Volatile) ±0.0020
August Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0318) against the same month in 2020 (average: 0.0299), the exchange rate shifted by +0.0019 (+6.39%).

2021 Avg (April) 0.0318
2020 Avg (April) 0.0299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0299 0.0300
February 0.0304 0.0301 0.0302
March 0.0311 0.0303 0.0304
April 0.0323 0.0314 0.0318
May 0.0322 0.0303 0.0314
June 0.0303 0.0288 0.0293
July 0.0293 0.0283 0.0289
August 0.0285 0.0283 0.0284
September 0.0283 0.0281 0.0282
October 0.0285 0.0281 0.0283
November 0.0284 0.0275 0.0280
December 0.0278 0.0271 0.0274