2021 NGN to KES Historical Review

YEARLY HIGH

0.2895 KES

YEARLY LOW

0.2594 KES

YEARLY AVERAGE

0.2721 KES

2021 NGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.2895. Conversely, the yearly low was recorded on May 16, dropping to 0.2594.

This high-to-low spread represents a total annual volatility of 0.0300 KES. From a start-to-finish perspective, comparing the January average rate of 0.2835 to the December average rate of 0.2748, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2895 was down 1.32% compared to the 2020 peak of 0.2933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 289,488 KES

2020 Average 280,043 KES

Yearly Trough Low 259,443 KES

Transaction Impact: A difference of 30,044.42 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2856

0.2600

JanuMarcMayJulySeptNove

NGN 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 0.2754, compared to 0.2689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.2754

H2 Avg (Jul–Dec) 0.2689

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0240 KES (High: 0.2858 / Low: 0.2618). On the other end, July was the most stable month, with a tight range of 0.0017 KES (High: 0.2639 / Low: 0.2623).

April Spread (Volatile) ±0.0240

July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0105 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2835) against the same month in 2020 (average: 0.2791), the exchange rate shifted by +0.0044 (+1.58%).

2021 Avg (January) 0.2835

2020 Avg (January) 0.2791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2895	0.2766	0.2835
February	0.2894	0.2664	0.2814
March	0.2887	0.2671	0.2828
April	0.2858	0.2618	0.2766
May	0.2830	0.2594	0.2661
June	0.2632	0.2613	0.2621
July	0.2639	0.2623	0.2630
August	0.2670	0.2639	0.2656
September	0.2690	0.2669	0.2677
October	0.2710	0.2681	0.2698
November	0.2745	0.2699	0.2725
December	0.2757	0.2733	0.2748