YEARLY HIGH
0.1814 KWD
YEARLY LOW
0.1789 KWD
YEARLY AVERAGE
0.1805 KWD

2024 AZN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1814. Conversely, the yearly low was recorded on August 4, dropping to 0.1789.

This high-to-low spread represents a total annual volatility of 0.0025 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1809 to the December average rate of 0.1810, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1814 was down 0.75% compared to the 2023 peak of 0.1828, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 907 KWD
2023 Average 904 KWD
Yearly Trough Low 895 KWD
Transaction Impact: A difference of 12.67 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1812
0.1794
JanuMarcMayJulySeptNove

AZN to KWD 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 0.1808, compared to 0.1802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1808
H2 Avg (Jul–Dec) 0.1802

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0015 KWD (High: 0.1811 / Low: 0.1796). On the other end, September was the most stable month, with a tight range of 0.0005 KWD (High: 0.1798 / Low: 0.1792).

November Spread (Volatile) ±0.0015
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1810) against the same month in 2023 (average: 0.1811), the exchange rate shifted by -0.0001 (-0.05%).

2024 Avg (December) 0.1810
2023 Avg (December) 0.1811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1811 0.1803 0.1809
February 0.1814 0.1805 0.1811
March 0.1811 0.1804 0.1808
April 0.1814 0.1806 0.1811
May 0.1813 0.1803 0.1807
June 0.1807 0.1801 0.1803
July 0.1803 0.1796 0.1799
August 0.1802 0.1789 0.1797
September 0.1798 0.1792 0.1795
October 0.1804 0.1797 0.1802
November 0.1811 0.1796 0.1807
December 0.1814 0.1806 0.1810