YEARLY HIGH
395.2955 IRR
YEARLY LOW
372.0583 IRR
YEARLY AVERAGE
384.4916 IRR

2021 KES to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 395.2955. Conversely, the yearly low was recorded on December 19, dropping to 372.0583.

This high-to-low spread represents a total annual volatility of 23.2372 IRR. From a start-to-finish perspective, comparing the January average rate of 383.0775 to the December average rate of 374.0493, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 395.2955 was down 36.26% compared to the 2020 peak of 620.1595, 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 1,976,478 IRR
2020 Average 1,981,859 IRR
Yearly Trough Low 1,860,291 IRR
Transaction Impact: A difference of 116,186.08 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

393.6340
372.2688
JanuMarcMayJulySeptNove

KES to IRR 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 387.2109, compared to 381.7723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4387 points.

H1 Avg (Jan–Jun) 387.2109
H2 Avg (Jul–Dec) 381.7723

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 7.6153 IRR (High: 394.2238 / Low: 386.6085). On the other end, June was the most stable month, with a tight range of 0.8460 IRR (High: 391.0482 / Low: 390.2023).

April Spread (Volatile) ±7.6153
June Spread (Stable) ±0.8460

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 July and August, when the average rate fell by 3.8016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.8016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 391.8535) against the same month in 2020 (average: 394.6994), the exchange rate shifted by -2.8459 (-0.72%).

2021 Avg (May) 391.8535
2020 Avg (May) 394.6994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 385.3248 381.4309 383.0775
February 384.8720 382.3293 383.9468
March 384.7767 383.2799 383.8747
April 394.2238 386.6085 389.9495
May 395.2955 388.6376 391.8535
June 391.0482 390.2023 390.5636
July 391.0957 388.1303 389.6302
August 388.2033 384.2744 385.8286
September 384.0360 381.7463 383.1068
October 381.8554 379.6894 380.7501
November 379.6169 375.3648 377.2687
December 375.6681 372.0583 374.0493