YEARLY HIGH
0.0831 KES
YEARLY LOW
0.0563 KES
YEARLY AVERAGE
0.0688 KES

2021 MMK to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0831. Conversely, the yearly low was recorded on October 6, dropping to 0.0563.

This high-to-low spread represents a total annual volatility of 0.0268 KES. From a start-to-finish perspective, comparing the January average rate of 0.0826 to the December average rate of 0.0635, the exchange rate registered a net change of -23.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0831 was down 2.17% compared to the 2020 peak of 0.0850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 416 KES
2020 Average 388 KES
Yearly Trough Low 282 KES
Transaction Impact: A difference of 134.00 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0850
0.0564
JanuMarcMayJulySeptNove

MMK to KES 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 0.0744, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.0744
H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0082 KES (High: 0.0775 / Low: 0.0692). On the other end, June was the most stable month, with a tight range of 0.0002 KES (High: 0.0656 / Low: 0.0654).

April Spread (Volatile) ±0.0082
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0826) against the same month in 2020 (average: 0.0688), the exchange rate shifted by +0.0138 (+20.00%).

2021 Avg (January) 0.0826
2020 Avg (January) 0.0688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0831 0.0819 0.0826
February 0.0830 0.0776 0.0783
March 0.0779 0.0776 0.0778
April 0.0775 0.0692 0.0751
May 0.0692 0.0653 0.0673
June 0.0656 0.0654 0.0655
July 0.0660 0.0655 0.0657
August 0.0668 0.0660 0.0664
September 0.0669 0.0590 0.0625
October 0.0620 0.0563 0.0588
November 0.0634 0.0610 0.0626
December 0.0636 0.0629 0.0635