YEARLY HIGH
155.3164 KES
YEARLY LOW
147.0707 KES
YEARLY AVERAGE
150.8423 KES

2021 FKP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 155.3164. Conversely, the yearly low was recorded on April 10, dropping to 147.0707.

This high-to-low spread represents a total annual volatility of 8.2457 KES. From a start-to-finish perspective, comparing the January average rate of 149.9647 to the December average rate of 150.3715, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 155.3164 was up 2.59% compared to the 2020 peak of 151.3994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 776,582 KES
2020 Average 683,616 KES
Yearly Trough Low 735,354 KES
Transaction Impact: A difference of 41,228.61 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

152.4229
149.1237
JanuMarcMayJulySeptNove

FKP 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 150.9778, compared to 150.7069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2709 points.

H1 Avg (Jan–Jun) 150.9778
H2 Avg (Jul–Dec) 150.7069

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 5.3142 KES (High: 155.3164 / Low: 150.0022). On the other end, August was the most stable month, with a tight range of 2.5191 KES (High: 151.5444 / Low: 149.0252).

February Spread (Volatile) ±5.3142
August Spread (Stable) ±2.5191

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.6067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.6067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 152.1479) against the same month in 2020 (average: 130.7621), the exchange rate shifted by +21.3858 (+16.35%).

2021 Avg (February) 152.1479
2020 Avg (February) 130.7621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 151.2543 148.1875 149.9647
February 155.3164 150.0022 152.1479
March 153.3949 150.3117 152.0054
April 151.3443 147.0707 149.3986
May 153.4922 148.4623 151.2682
June 152.9566 148.7797 151.0818
July 151.6620 147.4960 149.4117
August 151.5444 149.0252 150.7786
September 152.5149 148.3916 151.3750
October 153.4330 149.6722 151.7407
November 152.4641 149.4458 150.5637
December 153.1090 149.0459 150.3715