YEARLY HIGH
0.0053 KWD
YEARLY LOW
0.0050 KWD
YEARLY AVERAGE
0.0052 KWD

2024 DOP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0053. Conversely, the yearly low was recorded on December 31, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0003 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0052 to the December average rate of 0.0051, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0053 was down 6.06% compared to the 2023 peak of 0.0056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27 KWD
2023 Average 27 KWD
Yearly Trough Low 25 KWD
Transaction Impact: A difference of 1.30 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0053
0.0051
JanuMarcMayJulySeptNove

DOP 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 0.0052, compared to 0.0051 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) 0.0052
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0001 KWD (High: 0.0053 / Low: 0.0052). On the other end, July was the most stable month, with a tight range of 0.0000 KWD (High: 0.0052 / Low: 0.0052).

May Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0052) against the same month in 2023 (average: 0.0054), the exchange rate shifted by -0.0002 (-2.79%).

2024 Avg (January) 0.0052
2023 Avg (January) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0053 0.0052 0.0052
February 0.0053 0.0052 0.0052
March 0.0052 0.0052 0.0052
April 0.0053 0.0052 0.0052
May 0.0053 0.0052 0.0053
June 0.0052 0.0051 0.0052
July 0.0052 0.0052 0.0052
August 0.0052 0.0051 0.0051
September 0.0051 0.0050 0.0051
October 0.0051 0.0051 0.0051
November 0.0051 0.0051 0.0051
December 0.0051 0.0050 0.0051