YEARLY HIGH
0.4716 PHP
YEARLY LOW
0.4352 PHP
YEARLY AVERAGE
0.4493 PHP

2021 KES to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.4716. Conversely, the yearly low was recorded on January 16, dropping to 0.4352.

This high-to-low spread represents a total annual volatility of 0.0363 PHP. From a start-to-finish perspective, comparing the January average rate of 0.4374 to the December average rate of 0.4453, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4716 was down 7.23% compared to the 2020 peak of 0.5084, 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 2,358 PHP
2020 Average 2,332 PHP
Yearly Trough Low 2,176 PHP
Transaction Impact: A difference of 181.65 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4652
0.4348
JanuMarcMayJulySeptNove

KES to PHP 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 0.4436, compared to 0.4550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.4436
H2 Avg (Jul–Dec) 0.4550

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0206 PHP (High: 0.4655 / Low: 0.4449). On the other end, March was the most stable month, with a tight range of 0.0033 PHP (High: 0.4438 / Low: 0.4405).

August Spread (Volatile) ±0.0206
March Spread (Stable) ±0.0033

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 October and November, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.4627) against the same month in 2020 (average: 0.4604), the exchange rate shifted by +0.0023 (+0.50%).

2021 Avg (July) 0.4627
2020 Avg (July) 0.4604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4405 0.4352 0.4374
February 0.4462 0.4358 0.4404
March 0.4438 0.4405 0.4425
April 0.4541 0.4442 0.4486
May 0.4494 0.4423 0.4456
June 0.4530 0.4413 0.4468
July 0.4716 0.4547 0.4627
August 0.4655 0.4449 0.4592
September 0.4628 0.4520 0.4557
October 0.4603 0.4526 0.4573
November 0.4546 0.4447 0.4496
December 0.4534 0.4393 0.4453