2024 FKP to KWD Historical Review

YEARLY HIGH

0.4097 KWD

YEARLY LOW

0.3807 KWD

YEARLY AVERAGE

0.3922 KWD

2024 FKP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.4097. Conversely, the yearly low was recorded on April 22, dropping to 0.3807.

This high-to-low spread represents a total annual volatility of 0.0290 KWD. From a start-to-finish perspective, comparing the January average rate of 0.3909 to the December average rate of 0.3888, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4097 was up 1.92% compared to the 2023 peak of 0.4020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,048 KWD

2023 Average 1,911 KWD

Yearly Trough Low 1,904 KWD

Transaction Impact: A difference of 144.93 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4054

0.3833

JanuMarcMayJulySeptNove

FKP 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 0.3889, compared to 0.3955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.3889

H2 Avg (Jul–Dec) 0.3955

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0168 KWD (High: 0.4044 / Low: 0.3877). On the other end, January was the most stable month, with a tight range of 0.0046 KWD (High: 0.3927 / Low: 0.3881).

August Spread (Volatile) ±0.0168

January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0081 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4035) against the same month in 2023 (average: 0.3824), the exchange rate shifted by +0.0211 (+5.51%).

2024 Avg (September) 0.4035

2023 Avg (September) 0.3824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3927	0.3881	0.3909
February	0.3920	0.3858	0.3888
March	0.3948	0.3869	0.3907
April	0.3897	0.3807	0.3852
May	0.3920	0.3843	0.3882
June	0.3926	0.3871	0.3896
July	0.3974	0.3876	0.3936
August	0.4044	0.3877	0.3956
September	0.4097	0.3985	0.4035
October	0.4056	0.3954	0.3997
November	0.3994	0.3856	0.3916
December	0.3930	0.3849	0.3888