2024 KWD to AED Historical Review

YEARLY HIGH

12.0768 AED

YEARLY LOW

11.9081 AED

YEARLY AVERAGE

11.9694 AED

2024 KWD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 12.0768. Conversely, the yearly low was recorded on December 29, dropping to 11.9081.

This high-to-low spread represents a total annual volatility of 0.1687 AED. From a start-to-finish perspective, comparing the January average rate of 11.9418 to the December average rate of 11.9361, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.0768 was down 0.51% compared to the 2023 peak of 12.1385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,384 AED

2023 Average 59,757 AED

Yearly Trough Low 59,540 AED

Transaction Impact: A difference of 843.29 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.0444

11.9176

JanuMarcMayJulySeptNove

KWD to AED 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 11.9478, compared to 11.9909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0430 points.

H1 Avg (Jan–Jun) 11.9478

H2 Avg (Jul–Dec) 11.9909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1001 AED (High: 12.0309 / Low: 11.9308). On the other end, January was the most stable month, with a tight range of 0.0292 AED (High: 11.9576 / Low: 11.9284).

November Spread (Volatile) ±0.1001

January Spread (Stable) ±0.0292

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 September and October, when the average rate fell by 0.0462 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.0207) against the same month in 2023 (average: 11.9273), the exchange rate shifted by +0.0934 (+0.78%).

2024 Avg (August) 12.0207

2023 Avg (August) 11.9273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9576	11.9284	11.9418
February	11.9711	11.9126	11.9328
March	11.9667	11.9331	11.9462
April	11.9458	11.9093	11.9282
May	11.9842	11.9178	11.9573
June	11.9968	11.9548	11.9807
July	12.0268	11.9833	12.0096
August	12.0768	11.9924	12.0207
September	12.0539	12.0184	12.0338
October	12.0224	11.9757	11.9876
November	12.0309	11.9308	11.9575
December	11.9619	11.9081	11.9361