YEARLY HIGH
0.3084 KWD
YEARLY LOW
0.3041 KWD
YEARLY AVERAGE
0.3069 KWD

2024 BMD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3084. Conversely, the yearly low was recorded on August 4, dropping to 0.3041.

This high-to-low spread represents a total annual volatility of 0.0043 KWD. From a start-to-finish perspective, comparing the January average rate of 0.3076 to the December average rate of 0.3077, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3084 was down 0.75% compared to the 2023 peak of 0.3108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,542 KWD
2023 Average 1,537 KWD
Yearly Trough Low 1,521 KWD
Transaction Impact: A difference of 21.54 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3082
0.3050
JanuMarcMayJulySeptNove

BMD 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 0.3074, compared to 0.3063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.3074
H2 Avg (Jul–Dec) 0.3063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0026 KWD (High: 0.3079 / Low: 0.3053). On the other end, January was the most stable month, with a tight range of 0.0008 KWD (High: 0.3079 / Low: 0.3072).

November Spread (Volatile) ±0.0026
January Spread (Stable) ±0.0008

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3077) against the same month in 2023 (average: 0.3079), the exchange rate shifted by -0.0002 (-0.05%).

2024 Avg (December) 0.3077
2023 Avg (December) 0.3079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3079 0.3072 0.3076
February 0.3083 0.3068 0.3078
March 0.3078 0.3069 0.3074
April 0.3084 0.3074 0.3079
May 0.3082 0.3065 0.3072
June 0.3072 0.3062 0.3066
July 0.3065 0.3054 0.3058
August 0.3063 0.3041 0.3056
September 0.3056 0.3047 0.3052
October 0.3067 0.3055 0.3064
November 0.3079 0.3053 0.3072
December 0.3084 0.3071 0.3077