2024 CAD to KWD Historical Review

YEARLY HIGH

0.2324 KWD

YEARLY LOW

0.2129 KWD

YEARLY AVERAGE

0.2240 KWD

2024 CAD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2324. Conversely, the yearly low was recorded on December 18, dropping to 0.2129.

This high-to-low spread represents a total annual volatility of 0.0195 KWD. From a start-to-finish perspective, comparing the January average rate of 0.2292 to the December average rate of 0.2158, the exchange rate registered a net change of -5.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2324 was down 0.55% compared to the 2023 peak of 0.2337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,162 KWD

2023 Average 1,138 KWD

Yearly Trough Low 1,065 KWD

Transaction Impact: A difference of 97.48 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2306

0.2144

JanuMarcMayJulySeptNove

CAD 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 0.2263, compared to 0.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.2263

H2 Avg (Jul–Dec) 0.2217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0078 KWD (High: 0.2269 / Low: 0.2191). On the other end, May was the most stable month, with a tight range of 0.0024 KWD (High: 0.2259 / Low: 0.2236).

August Spread (Volatile) ±0.0078

May Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2292) against the same month in 2023 (average: 0.2277), the exchange rate shifted by +0.0015 (+0.67%).

2024 Avg (January) 0.2292

2023 Avg (January) 0.2277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2324	0.2274	0.2292
February	0.2298	0.2266	0.2281
March	0.2284	0.2256	0.2270
April	0.2274	0.2229	0.2251
May	0.2259	0.2236	0.2247
June	0.2251	0.2225	0.2237
July	0.2249	0.2207	0.2230
August	0.2269	0.2191	0.2236
September	0.2274	0.2241	0.2253
October	0.2264	0.2200	0.2227
November	0.2214	0.2178	0.2197
December	0.2193	0.2129	0.2158