YEARLY HIGH
0.1447 ZAR
YEARLY LOW
0.1244 ZAR
YEARLY AVERAGE
0.1348 ZAR

2021 KES to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1447. Conversely, the yearly low was recorded on June 5, dropping to 0.1244.

This high-to-low spread represents a total annual volatility of 0.0202 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1375 to the December average rate of 0.1405, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1447 was down 20.44% compared to the 2020 peak of 0.1818, 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 723 ZAR
2020 Average 773 ZAR
Yearly Trough Low 622 ZAR
Transaction Impact: A difference of 101.23 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1417
0.1280
JanuMarcMayJulySeptNove

KES to ZAR 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 0.1337, compared to 0.1359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1337
H2 Avg (Jul–Dec) 0.1359

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0110 ZAR (High: 0.1447 / Low: 0.1336). On the other end, April was the most stable month, with a tight range of 0.0049 ZAR (High: 0.1363 / Low: 0.1314).

November Spread (Volatile) ±0.0110
April Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1389) against the same month in 2020 (average: 0.1420), the exchange rate shifted by -0.0031 (-2.16%).

2021 Avg (November) 0.1389
2020 Avg (November) 0.1420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1416 0.1335 0.1375
February 0.1377 0.1320 0.1347
March 0.1416 0.1334 0.1366
April 0.1363 0.1314 0.1336
May 0.1349 0.1274 0.1308
June 0.1331 0.1244 0.1292
July 0.1372 0.1316 0.1341
August 0.1398 0.1318 0.1353
September 0.1373 0.1287 0.1323
October 0.1371 0.1298 0.1342
November 0.1447 0.1336 0.1389
December 0.1433 0.1373 0.1405