2024 CNY to KWD Historical Review

YEARLY HIGH

0.0437 KWD

YEARLY LOW

0.0420 KWD

YEARLY AVERAGE

0.0428 KWD

2024 CNY to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0437. Conversely, the yearly low was recorded on July 23, dropping to 0.0420.

This high-to-low spread represents a total annual volatility of 0.0016 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0433 to the December average rate of 0.0423, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0437 was down 4.09% compared to the 2023 peak of 0.0455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 1,091 KWD

2023 Average 1,087 KWD

Yearly Trough Low 1,051 KWD

Transaction Impact: A difference of 40.70 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0434

0.0420

JanuMarcMayJulySeptNove

CNY 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 0.0428, compared to 0.0427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0428

H2 Avg (Jul–Dec) 0.0427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0011 KWD (High: 0.0435 / Low: 0.0424). On the other end, December was the most stable month, with a tight range of 0.0003 KWD (High: 0.0424 / Low: 0.0421).

May Spread (Volatile) ±0.0011

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, 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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0432) against the same month in 2023 (average: 0.0425), the exchange rate shifted by +0.0007 (+1.66%).

2024 Avg (October) 0.0432

2023 Avg (October) 0.0425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0435	0.0428	0.0433
February	0.0433	0.0427	0.0430
March	0.0431	0.0426	0.0427
April	0.0434	0.0425	0.0426
May	0.0435	0.0424	0.0429
June	0.0432	0.0422	0.0425
July	0.0428	0.0420	0.0421
August	0.0430	0.0422	0.0428
September	0.0435	0.0429	0.0431
October	0.0437	0.0430	0.0432
November	0.0432	0.0424	0.0426
December	0.0424	0.0421	0.0423