YEARLY HIGH
19.1456 KES
YEARLY LOW
18.0690 KES
YEARLY AVERAGE
18.5210 KES

2021 GHS to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 19.1456. Conversely, the yearly low was recorded on August 7, dropping to 18.0690.

This high-to-low spread represents a total annual volatility of 1.0766 KES. From a start-to-finish perspective, comparing the January average rate of 18.7797 to the December average rate of 18.3931, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.1456 was up 0.57% compared to the 2020 peak of 19.0381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,728 KES
2020 Average 92,846 KES
Yearly Trough Low 90,345 KES
Transaction Impact: A difference of 5,383.03 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.1928
18.0664
JanuMarcMayJulySeptNove

GHS 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: JanтАУJun) was 18.7765, compared to 18.2656 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.5109 points.

H1 Avg (JanтАУJun) 18.7765
H2 Avg (JulтАУDec) 18.2656

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.4375 KES (High: 18.9054 / Low: 18.4679). On the other end, November was the most stable month, with a tight range of 0.1090 KES (High: 18.3386 / Low: 18.2296).

April Spread (Volatile) ┬▒0.4375
November Spread (Stable) ┬▒0.1090

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4092 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 19.0989) against the same month in 2020 (average: 18.5984), the exchange rate shifted by +0.5005 (+2.69%).

2021 Avg (March) 19.0989
2020 Avg (March) 18.5984

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 18.8937 18.6030 18.7797
February 19.0959 18.8134 18.9248
March 19.1456 18.9311 19.0989
April 18.9054 18.4679 18.6897
May 18.7794 18.4728 18.6135
June 18.6678 18.4530 18.5523
July 18.4458 18.1206 18.2250
August 18.2978 18.0690 18.1603
September 18.4736 18.1567 18.2599
October 18.3127 18.1969 18.2643
November 18.3386 18.2296 18.2910
December 18.5778 18.2805 18.3931