YEARLY HIGH
0.1455 MVR
YEARLY LOW
0.1356 MVR
YEARLY AVERAGE
0.1408 MVR

2021 KES to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.1455. Conversely, the yearly low was recorded on December 19, dropping to 0.1356.

This high-to-low spread represents a total annual volatility of 0.0099 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1401 to the December average rate of 0.1367, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1455 was down 5.55% compared to the 2020 peak of 0.1541, 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 728 MVR
2020 Average 725 MVR
Yearly Trough Low 678 MVR
Transaction Impact: A difference of 49.52 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1442
0.1360
JanuMarcMayJulySeptNove

KES to MVR 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 0.1419, compared to 0.1396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1419
H2 Avg (Jul–Dec) 0.1396

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0032 MVR (High: 0.1455 / Low: 0.1423). On the other end, July was the most stable month, with a tight range of 0.0009 MVR (High: 0.1430 / Low: 0.1420).

May Spread (Volatile) ±0.0032
July Spread (Stable) ±0.0009

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 October and November, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1435) against the same month in 2020 (average: 0.1450), the exchange rate shifted by -0.0015 (-1.07%).

2021 Avg (May) 0.1435
2020 Avg (May) 0.1450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1410 0.1395 0.1401
February 0.1409 0.1398 0.1405
March 0.1413 0.1403 0.1407
April 0.1447 0.1419 0.1431
May 0.1455 0.1423 0.1435
June 0.1437 0.1421 0.1433
July 0.1430 0.1420 0.1425
August 0.1422 0.1405 0.1414
September 0.1406 0.1395 0.1401
October 0.1398 0.1388 0.1393
November 0.1388 0.1368 0.1379
December 0.1373 0.1356 0.1367