YEARLY HIGH
0.0750 KES
YEARLY LOW
0.0699 KES
YEARLY AVERAGE
0.0722 KES

2021 LBP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0750. Conversely, the yearly low was recorded on May 8, dropping to 0.0699.

This high-to-low spread represents a total annual volatility of 0.0051 KES. From a start-to-finish perspective, comparing the January average rate of 0.0725 to the December average rate of 0.0744, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0750 was down 40.51% compared to the 2020 peak of 0.1261, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 375 KES
2020 Average 353 KES
Yearly Trough Low 349 KES
Transaction Impact: A difference of 25.65 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0748
0.0703
JanuMarcMayJulySeptNove

LBP 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 0.0716, compared to 0.0727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0716
H2 Avg (Jul–Dec) 0.0727

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0021 KES (High: 0.0722 / Low: 0.0701). On the other end, February was the most stable month, with a tight range of 0.0007 KES (High: 0.0726 / Low: 0.0719).

April Spread (Volatile) ±0.0021
February Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0744) against the same month in 2020 (average: 0.0729), the exchange rate shifted by +0.0014 (+1.97%).

2021 Avg (December) 0.0744
2020 Avg (December) 0.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0729 0.0717 0.0725
February 0.0726 0.0719 0.0724
March 0.0726 0.0717 0.0721
April 0.0722 0.0701 0.0712
May 0.0714 0.0699 0.0707
June 0.0714 0.0703 0.0708
July 0.0718 0.0701 0.0711
August 0.0727 0.0713 0.0722
September 0.0728 0.0720 0.0725
October 0.0734 0.0723 0.0728
November 0.0743 0.0728 0.0735
December 0.0750 0.0736 0.0744