YEARLY HIGH
0.0214 TOP
YEARLY LOW
0.0201 TOP
YEARLY AVERAGE
0.0207 TOP

2021 KES to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0214. Conversely, the yearly low was recorded on November 9, dropping to 0.0201.

This high-to-low spread represents a total annual volatility of 0.0013 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0202, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0214 was down 7.38% compared to the 2020 peak of 0.0231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 TOP
2020 Average 108 TOP
Yearly Trough Low 100 TOP
Transaction Impact: A difference of 6.62 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0212
0.0201
JanuMarcMayJulySeptNove

KES to TOP 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 0.0209, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0209
H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0005 TOP (High: 0.0212 / Low: 0.0207). On the other end, July was the most stable month, with a tight range of 0.0001 TOP (High: 0.0210 / Low: 0.0208).

May Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0211) against the same month in 2020 (average: 0.0219), the exchange rate shifted by -0.0009 (-3.93%).

2021 Avg (April) 0.0211
2020 Avg (April) 0.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0209 0.0206 0.0208
February 0.0210 0.0207 0.0209
March 0.0210 0.0206 0.0208
April 0.0214 0.0209 0.0211
May 0.0212 0.0207 0.0210
June 0.0209 0.0206 0.0207
July 0.0210 0.0208 0.0209
August 0.0209 0.0206 0.0207
September 0.0206 0.0203 0.0204
October 0.0205 0.0201 0.0203
November 0.0203 0.0201 0.0202
December 0.0203 0.0201 0.0202