YEARLY HIGH
31.1451 KES
YEARLY LOW
29.1669 KES
YEARLY AVERAGE
30.0942 KES

2021 QAR to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 31.1451. Conversely, the yearly low was recorded on July 5, dropping to 29.1669.

This high-to-low spread represents a total annual volatility of 1.9783 KES. From a start-to-finish perspective, comparing the January average rate of 30.1786 to the December average rate of 31.0301, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 31.1451 was up 1.62% compared to the 2020 peak of 30.6482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,726 KES
2020 Average 146,226 KES
Yearly Trough Low 145,834 KES
Transaction Impact: A difference of 9,891.41 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

31.1825
29.3545
JanuMarcMayJulySeptNove

QAR 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 29.8640, compared to 30.3245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4605 points.

H1 Avg (Jan–Jun) 29.8640
H2 Avg (Jul–Dec) 30.3245

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.8303 KES (High: 30.1703 / Low: 29.3400). On the other end, June was the most stable month, with a tight range of 0.1318 KES (High: 29.6362 / Low: 29.5045).

August Spread (Volatile) ±0.8303
June Spread (Stable) ±0.1318

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4572 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.4572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 31.0301) against the same month in 2020 (average: 30.3430), the exchange rate shifted by +0.6871 (+2.26%).

2021 Avg (December) 31.0301
2020 Avg (December) 30.3430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.3210 29.9918 30.1786
February 30.2502 30.0467 30.1191
March 30.1715 29.9947 30.1180
April 29.9280 29.3339 29.6608
May 29.7259 29.2544 29.5068
June 29.6362 29.5045 29.6006
July 29.8298 29.1669 29.6599
August 30.1703 29.3400 29.8809
September 30.5190 29.8255 30.1785
October 30.5601 30.2179 30.4449
November 30.9138 30.5639 30.7527
December 31.1451 30.8997 31.0301