2021 KES to STD Historical Review

YEARLY HIGH

194.6958 STD

YEARLY LOW

184.3906 STD

YEARLY AVERAGE

188.9765 STD

2021 KES to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 194.6958. Conversely, the yearly low was recorded on February 15, dropping to 184.3906.

This high-to-low spread represents a total annual volatility of 10.3052 STD. From a start-to-finish perspective, comparing the January average rate of 186.0994 to the December average rate of 187.7798, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 194.6958 was down 11.18% compared to the 2020 peak of 219.2124, 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 973,479 STD

2020 Average 1,011,588 STD

Yearly Trough Low 921,953 STD

Transaction Impact: A difference of 51,525.82 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

193.7013

185.1285

JanuMarcMayJulySeptNove

KES to STD 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 189.1231, compared to 188.8299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2932 points.

H1 Avg (Jan–Jun) 189.1231

H2 Avg (Jul–Dec) 188.8299

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 5.1956 STD (High: 190.4138 / Low: 185.2183). On the other end, July was the most stable month, with a tight range of 0.9684 STD (High: 191.1269 / Low: 190.1585).

March Spread (Volatile) ±5.1956

July Spread (Stable) ±0.9684

Growth Streaks & Declines

Trends

Between February and May, 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 2.6668 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.6668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 192.9869) against the same month in 2020 (average: 206.6542), the exchange rate shifted by -13.6673 (-6.61%).

2021 Avg (May) 192.9869

2020 Avg (May) 206.6542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	187.1593	185.3858	186.0994
February	187.0784	184.3906	185.8429
March	190.4138	185.2183	187.3747
April	194.0843	190.7933	192.1144
May	194.6958	191.4165	192.9869
June	192.5280	188.7762	190.3201
July	191.1269	190.1585	190.5586
August	190.6162	188.8738	189.7070
September	190.3256	187.2967	188.2194
October	190.3271	187.8278	188.8649
November	189.1350	186.4460	187.8494
December	189.2580	186.8590	187.7798