2024 BOB to KWD Historical Review

YEARLY HIGH

0.0447 KWD

YEARLY LOW

0.0439 KWD

YEARLY AVERAGE

0.0444 KWD

2024 BOB to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0447. Conversely, the yearly low was recorded on September 16, dropping to 0.0439.

This high-to-low spread represents a total annual volatility of 0.0008 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0445, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0447 was down 0.56% compared to the 2023 peak of 0.0450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 KWD

2023 Average 222 KWD

Yearly Trough Low 220 KWD

Transaction Impact: A difference of 3.87 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0446

0.0441

JanuMarcMayJulySeptNove

BOB 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 0.0445, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0445

H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 KWD (High: 0.0447 / Low: 0.0441). On the other end, July was the most stable month, with a tight range of 0.0002 KWD (High: 0.0444 / Low: 0.0442).

November Spread (Volatile) ±0.0006

July Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0445) against the same month in 2023 (average: 0.0445), the exchange rate shifted by +0.0000 (+0.06%).

2024 Avg (December) 0.0445

2023 Avg (December) 0.0445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0446	0.0444	0.0445
February	0.0446	0.0442	0.0445
March	0.0447	0.0443	0.0445
April	0.0446	0.0443	0.0445
May	0.0446	0.0443	0.0445
June	0.0445	0.0442	0.0444
July	0.0444	0.0442	0.0443
August	0.0445	0.0441	0.0443
September	0.0443	0.0439	0.0441
October	0.0444	0.0441	0.0443
November	0.0447	0.0441	0.0444
December	0.0447	0.0444	0.0445