2021 NPR to KES Historical Review

YEARLY HIGH

0.9509 KES

YEARLY LOW

0.8862 KES

YEARLY AVERAGE

0.9280 KES

2021 NPR to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9509. Conversely, the yearly low was recorded on April 13, dropping to 0.8862.

This high-to-low spread represents a total annual volatility of 0.0647 KES. From a start-to-finish perspective, comparing the January average rate of 0.9397 to the December average rate of 0.9375, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9509 was up 0.19% compared to the 2020 peak of 0.9491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,754 KES

2020 Average 4,493 KES

Yearly Trough Low 4,431 KES

Transaction Impact: A difference of 323.51 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9467

0.9042

JanuMarcMayJulySeptNove

NPR 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 0.9279, compared to 0.9282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.9279

H2 Avg (Jul–Dec) 0.9282

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0432 KES (High: 0.9294 / Low: 0.8862). On the other end, July was the most stable month, with a tight range of 0.0108 KES (High: 0.9141 / Low: 0.9033).

April Spread (Volatile) ±0.0432

July Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.9375) against the same month in 2020 (average: 0.9380), the exchange rate shifted by -0.0006 (-0.06%).

2021 Avg (December) 0.9375

2020 Avg (December) 0.9380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9465	0.9332	0.9397
February	0.9490	0.9381	0.9431
March	0.9507	0.9310	0.9431
April	0.9294	0.8862	0.9082
May	0.9295	0.9044	0.9174
June	0.9264	0.9063	0.9161
July	0.9141	0.9033	0.9078
August	0.9415	0.9131	0.9215
September	0.9418	0.9307	0.9364
October	0.9321	0.9175	0.9256
November	0.9448	0.9286	0.9403
December	0.9509	0.9247	0.9375