YEARLY HIGH
2.2975 KES
YEARLY LOW
2.1205 KES
YEARLY AVERAGE
2.2266 KES

2021 PHP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 2.2975. Conversely, the yearly low was recorded on July 19, dropping to 2.1205.

This high-to-low spread represents a total annual volatility of 0.1770 KES. From a start-to-finish perspective, comparing the January average rate of 2.2865 to the December average rate of 2.2457, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2975 was down 1.09% compared to the 2020 peak of 2.3229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 574,386 KES
2020 Average 537,214 KES
Yearly Trough Low 530,135 KES
Transaction Impact: A difference of 44,250.70 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2990
2.1490
JanuMarcMayJulySeptNove

PHP 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 2.2548, compared to 2.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0564 points.

H1 Avg (Jan–Jun) 2.2548
H2 Avg (Jul–Dec) 2.1984

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0995 KES (High: 2.2477 / Low: 2.1482). On the other end, March was the most stable month, with a tight range of 0.0168 KES (High: 2.2701 / Low: 2.2533).

August Spread (Volatile) ±0.0995
March Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0767 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.2865) against the same month in 2020 (average: 1.9887), the exchange rate shifted by +0.2978 (+14.97%).

2021 Avg (January) 2.2865
2020 Avg (January) 1.9887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2975 2.2702 2.2865
February 2.2947 2.2413 2.2708
March 2.2701 2.2533 2.2600
April 2.2510 2.2020 2.2291
May 2.2607 2.2250 2.2441
June 2.2661 2.2074 2.2383
July 2.1991 2.1205 2.1615
August 2.2477 2.1482 2.1777
September 2.2123 2.1609 2.1944
October 2.2093 2.1726 2.1867
November 2.2486 2.1999 2.2245
December 2.2765 2.2058 2.2457