YEARLY HIGH
0.0235 KWD
YEARLY LOW
0.0217 KWD
YEARLY AVERAGE
0.0226 KWD

2024 BWP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0235. Conversely, the yearly low was recorded on May 1, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0018 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0224, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0235 was down 2.81% compared to the 2023 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117 KWD
2023 Average 115 KWD
Yearly Trough Low 108 KWD
Transaction Impact: A difference of 8.78 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0231
0.0223
JanuMarcMayJulySeptNove

BWP 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 0.0225, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0225
H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0011 KWD (High: 0.0228 / Low: 0.0217). On the other end, July was the most stable month, with a tight range of 0.0003 KWD (High: 0.0227 / Low: 0.0224).

May Spread (Volatile) ±0.0011
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0230) against the same month in 2023 (average: 0.0226), the exchange rate shifted by +0.0004 (+1.89%).

2024 Avg (September) 0.0230
2023 Avg (September) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0224 0.0226
February 0.0227 0.0223 0.0225
March 0.0227 0.0224 0.0225
April 0.0227 0.0217 0.0224
May 0.0228 0.0217 0.0226
June 0.0228 0.0222 0.0225
July 0.0227 0.0224 0.0226
August 0.0230 0.0225 0.0228
September 0.0235 0.0228 0.0230
October 0.0234 0.0228 0.0230
November 0.0231 0.0224 0.0227
December 0.0228 0.0221 0.0224