YEARLY HIGH
244.6387 AFN
YEARLY LOW
212.3100 AFN
YEARLY AVERAGE
229.7785 AFN

2024 KWD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 244.6387. Conversely, the yearly low was recorded on October 17, dropping to 212.3100.

This high-to-low spread represents a total annual volatility of 32.3286 AFN. From a start-to-finish perspective, comparing the January average rate of 232.5842 to the December average rate of 225.6123, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 244.6387 was down 18.07% compared to the 2023 peak of 298.5941, 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 1,223,193 AFN
2023 Average 1,345,982 AFN
Yearly Trough Low 1,061,550 AFN
Transaction Impact: A difference of 161,643.17 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

239.5907
217.0867
JanuMarcMayJulySeptNove

KWD to AFN 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 233.6056, compared to 225.9515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.6540 points.

H1 Avg (Jan–Jun) 233.6056
H2 Avg (Jul–Dec) 225.9515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 14.1039 AFN (High: 241.7069 / Low: 227.6030). On the other end, July was the most stable month, with a tight range of 3.2113 AFN (High: 232.5775 / Low: 229.3662).

January Spread (Volatile) ±14.1039
July Spread (Stable) ±3.2113

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 8.7665 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.7665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 237.7154) against the same month in 2023 (average: 292.9405), the exchange rate shifted by -55.2251 (-18.85%).

2024 Avg (February) 237.7154
2023 Avg (February) 292.9405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 241.7069 227.6030 232.5842
February 244.6387 234.4702 237.7154
March 237.3760 230.7319 234.7900
April 234.8832 231.1639 233.1543
May 235.3054 229.7173 233.3326
June 234.3423 227.5280 230.0568
July 232.5775 229.3662 231.3704
August 232.5985 229.0868 231.7044
September 232.4866 222.9435 227.7285
October 224.8007 212.3100 218.9621
November 222.9759 217.8083 220.3315
December 228.8051 219.5957 225.6123