YEARLY HIGH
0.1430 KES
YEARLY LOW
0.1333 KES
YEARLY AVERAGE
0.1372 KES

2021 MWK to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1430. Conversely, the yearly low was recorded on July 5, dropping to 0.1333.

This high-to-low spread represents a total annual volatility of 0.0097 KES. From a start-to-finish perspective, comparing the January average rate of 0.1422 to the December average rate of 0.1386, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1430 was down 2.44% compared to the 2020 peak of 0.1466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 715 KES
2020 Average 715 KES
Yearly Trough Low 666 KES
Transaction Impact: A difference of 48.61 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1430
0.1331
JanuMarcMayJulySeptNove

MWK 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 0.1385, compared to 0.1359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1385
H2 Avg (Jul–Dec) 0.1359

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0031 KES (High: 0.1370 / Low: 0.1338). On the other end, September was the most stable month, with a tight range of 0.0009 KES (High: 0.1360 / Low: 0.1352).

May Spread (Volatile) ±0.0031
September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0029 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1422) against the same month in 2020 (average: 0.1373), the exchange rate shifted by +0.0049 (+3.55%).

2021 Avg (January) 0.1422
2020 Avg (January) 0.1373

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1430 0.1413 0.1422
February 0.1425 0.1403 0.1410
March 0.1409 0.1392 0.1402
April 0.1389 0.1359 0.1372
May 0.1370 0.1338 0.1355
June 0.1360 0.1337 0.1349
July 0.1356 0.1333 0.1339
August 0.1353 0.1334 0.1345
September 0.1360 0.1352 0.1355
October 0.1365 0.1354 0.1359
November 0.1380 0.1363 0.1373
December 0.1395 0.1376 0.1386