YEARLY HIGH
53.4338 SZL
YEARLY LOW
44.8710 SZL
YEARLY AVERAGE
48.9644 SZL

2021 KWD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 53.4338. Conversely, the yearly low was recorded on June 7, dropping to 44.8710.

This high-to-low spread represents a total annual volatility of 8.5628 SZL. From a start-to-finish perspective, comparing the January average rate of 49.7882 to the December average rate of 52.4350, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 53.4338 was down 12.61% compared to the 2020 peak of 61.1464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267,169 SZL
2020 Average 268,119 SZL
Yearly Trough Low 224,355 SZL
Transaction Impact: A difference of 42,814.04 SZL purely based on transaction execution date.

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53.0743
45.4025
JanuMarcMayJulySeptNove

KWD to SZL 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 48.1416, compared to 49.7872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6456 points.

H1 Avg (Jan–Jun) 48.1416
H2 Avg (Jul–Dec) 49.7872

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 3.7057 SZL (High: 53.3801 / Low: 49.6744). On the other end, April was the most stable month, with a tight range of 1.4844 SZL (High: 48.7206 / Low: 47.2362).

November Spread (Volatile) Âą3.7057
April Spread (Stable) Âą1.4844

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 March and April, when the average rate fell by 1.6576 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 52.4350) against the same month in 2020 (average: 48.8779), the exchange rate shifted by +3.5571 (+7.28%).

2021 Avg (December) 52.4350
2020 Avg (December) 48.8779

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Month High Low Average
January 50.9518 47.9538 49.7882
February 49.7764 47.7325 48.8051
March 51.2639 48.6513 49.5577
April 48.7206 47.2362 47.9001
May 48.0032 45.7543 46.7566
June 47.4557 44.8710 46.0419
July 49.4841 47.0690 48.1445
August 50.8370 47.8301 49.2353
September 50.3047 46.8972 48.3358
October 50.3646 48.0164 49.3019
November 53.3801 49.6744 51.2706
December 53.4338 51.3251 52.4350