2021 MAD to KES Historical Review

YEARLY HIGH

12.4359 KES

YEARLY LOW

11.9454 KES

YEARLY AVERAGE

12.1987 KES

2021 MAD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 12.4359. Conversely, the yearly low was recorded on April 13, dropping to 11.9454.

This high-to-low spread represents a total annual volatility of 0.4905 KES. From a start-to-finish perspective, comparing the January average rate of 12.3431 to the December average rate of 12.2074, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.4359 was down 0.87% compared to the 2020 peak of 12.5456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,179 KES

2020 Average 56,176 KES

Yearly Trough Low 59,727 KES

Transaction Impact: A difference of 2,452.47 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.3716

12.0297

JanuMarcMayJulySeptNove

MAD 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 12.1899, compared to 12.2075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 12.1899

H2 Avg (Jul–Dec) 12.2075

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2870 KES (High: 12.2759 / Low: 11.9889). On the other end, July was the most stable month, with a tight range of 0.1173 KES (High: 12.1802 / Low: 12.0629).

May Spread (Volatile) ±0.2870

July Spread (Stable) ±0.1173

Growth Streaks & Declines

Trends

Between April and June, 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 0.1213 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 12.3431) against the same month in 2020 (average: 10.5219), the exchange rate shifted by +1.8212 (+17.31%).

2021 Avg (January) 12.3431

2020 Avg (January) 10.5219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4359	12.2823	12.3431
February	12.3462	12.1889	12.2607
March	12.2899	12.0762	12.1794
April	12.2205	11.9454	12.0581
May	12.2759	11.9889	12.1368
June	12.2484	12.0926	12.1613
July	12.1802	12.0629	12.0958
August	12.2920	12.1121	12.1860
September	12.3361	12.1898	12.2840
October	12.3166	12.1867	12.2451
November	12.3295	12.1316	12.2264
December	12.2672	12.1276	12.2074

2021 MAD నుండి KES చారిత్రక సమీక్ష