YEARLY HIGH
0.1356 KWD
YEARLY LOW
0.1313 KWD
YEARLY AVERAGE
0.1332 KWD

2021 TOP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.1356. Conversely, the yearly low was recorded on February 6, dropping to 0.1313.

This high-to-low spread represents a total annual volatility of 0.0043 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1329 to the December average rate of 0.1325, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1356 was down 0.88% compared to the 2020 peak of 0.1368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 678 KWD
2020 Average 666 KWD
Yearly Trough Low 656 KWD
Transaction Impact: A difference of 21.56 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1350
0.1316
JanuMarcMayJulySeptNove

TOP 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 0.1330, compared to 0.1333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1330
H2 Avg (Jul–Dec) 0.1333

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0027 KWD (High: 0.1350 / Low: 0.1323). On the other end, December was the most stable month, with a tight range of 0.0010 KWD (High: 0.1330 / Low: 0.1320).

November Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1347) against the same month in 2020 (average: 0.1356), the exchange rate shifted by -0.0009 (-0.67%).

2021 Avg (June) 0.1347
2020 Avg (June) 0.1356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1342 0.1318 0.1329
February 0.1333 0.1313 0.1319
March 0.1337 0.1316 0.1326
April 0.1332 0.1318 0.1325
May 0.1348 0.1327 0.1336
June 0.1356 0.1336 0.1347
July 0.1340 0.1327 0.1333
August 0.1335 0.1316 0.1329
September 0.1342 0.1325 0.1336
October 0.1351 0.1327 0.1339
November 0.1350 0.1323 0.1339
December 0.1330 0.1320 0.1325