2021 KES to NPR Historical Review

YEARLY HIGH

1.1284 NPR

YEARLY LOW

1.0516 NPR

YEARLY AVERAGE

1.0778 NPR

2021 KES to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1.1284. Conversely, the yearly low was recorded on December 31, dropping to 1.0516.

This high-to-low spread represents a total annual volatility of 0.0768 NPR. From a start-to-finish perspective, comparing the January average rate of 1.0642 to the December average rate of 1.0668, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1284 was down 2.86% compared to the 2020 peak of 1.1616, 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 5,642 NPR

2020 Average 5,568 NPR

Yearly Trough Low 5,258 NPR

Transaction Impact: A difference of 383.91 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1058

1.0562

JanuMarcMayJulySeptNove

KES to NPR 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 1.0780, compared to 1.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.0780

H2 Avg (Jul–Dec) 1.0776

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0525 NPR (High: 1.1284 / Low: 1.0760). On the other end, February was the most stable month, with a tight range of 0.0123 NPR (High: 1.0660 / Low: 1.0537).

April Spread (Volatile) ±0.0525

February Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.0173 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.1013) against the same month in 2020 (average: 1.1444), the exchange rate shifted by -0.0431 (-3.76%).

2021 Avg (April) 1.1013

2020 Avg (April) 1.1444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0716	1.0565	1.0642
February	1.0660	1.0537	1.0604
March	1.0741	1.0519	1.0603
April	1.1284	1.0760	1.1013
May	1.1057	1.0759	1.0902
June	1.1034	1.0795	1.0917
July	1.1071	1.0940	1.1016
August	1.0952	1.0622	1.0852
September	1.0744	1.0618	1.0679
October	1.0899	1.0729	1.0804
November	1.0769	1.0584	1.0635
December	1.0814	1.0516	1.0668