YEARLY HIGH
0.1914 KWD
YEARLY LOW
0.1686 KWD
YEARLY AVERAGE
0.1790 KWD

2020 BGN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1914. Conversely, the yearly low was recorded on February 18, dropping to 0.1686.

This high-to-low spread represents a total annual volatility of 0.0227 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1723 to the December average rate of 0.1897, the exchange rate registered a net change of 10.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1914 was up 7.05% compared to the 2019 peak of 0.1788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 957 KWD
2019 Average 870 KWD
Yearly Trough Low 843 KWD
Transaction Impact: A difference of 113.68 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1916
0.1684
JanuMarcMayJulySeptNove

BGN 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 0.1733, compared to 0.1847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.1733
H2 Avg (Jul–Dec) 0.1847

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0085 KWD (High: 0.1783 / Low: 0.1697). On the other end, December was the most stable month, with a tight range of 0.0029 KWD (High: 0.1914 / Low: 0.1885).

March Spread (Volatile) ±0.0085
December Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1897) against the same month in 2019 (average: 0.1725), the exchange rate shifted by +0.0172 (+10.00%).

2020 Avg (December) 0.1897
2019 Avg (December) 0.1725

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1742 0.1709 0.1723
February 0.1726 0.1686 0.1703
March 0.1783 0.1697 0.1748
April 0.1753 0.1715 0.1729
May 0.1751 0.1707 0.1724
June 0.1788 0.1754 0.1771
July 0.1850 0.1769 0.1800
August 0.1866 0.1836 0.1849
September 0.1859 0.1820 0.1843
October 0.1854 0.1821 0.1841
November 0.1869 0.1820 0.1851
December 0.1914 0.1885 0.1897