Changing characters
Changing a set of characters to another set of characters is generally a task for the tr command but since you want to do it on certain lines only, it will be best done by sed which has a y command similar to tr:
sed -e "/^KEYWORD_1/ y/\"/'/" \
-e "/^KEYWORD_2/ y/'/\"/" \
file
Each sed command here starts with a line selector /^KEYWORD/ which instructs sed to only operate on the line matching the pattern between /. Here the patterns start with the character ^ to indicate they are to be found at the beginning of the line.
Following the line selector is sed's substitution command y/set1/set2/g which replaces every occurrence of a character in set1 with the character which has the same position in set2.
Swapping characters
Now, if on the same line you want to replace each " with ' and at the same time each ' with ", you can use only one command:
sed -e "/^KEYWORD_1\|^KEYWORD_2/ y/\"'/'\"/" file