2024 KWD to ARS Historical Review

YEARLY HIGH

3347.4306 ARS

YEARLY LOW

2634.2443 ARS

YEARLY AVERAGE

2982.1888 ARS

2024 KWD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3347.4306. Conversely, the yearly low was recorded on January 1, dropping to 2634.2443.

This high-to-low spread represents a total annual volatility of 713.1863 ARS. From a start-to-finish perspective, comparing the January average rate of 2658.5664 to the December average rate of 3314.2252, the exchange rate registered a net change of 24.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3347.4306 was up 27.00% compared to the 2023 peak of 2635.7391, 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 16,737,153 ARS

2023 Average 4,814,001 ARS

Yearly Trough Low 13,171,221 ARS

Transaction Impact: A difference of 3,565,931.66 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3379.7911

2593.0005

JanuMarcMayJulySeptNove

KWD to ARS 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 2797.2497, compared to 3167.1280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 369.8784 points.

H1 Avg (Jan–Jun) 2797.2497

H2 Avg (Jul–Dec) 3167.1280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 81.9400 ARS (High: 2914.0943 / Low: 2832.1543). On the other end, February was the most stable month, with a tight range of 49.9251 ARS (High: 2737.0429 / Low: 2687.1178).

May Spread (Volatile) ±81.9400

February Spread (Stable) ±49.9251

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3314.2252) against the same month in 2023 (average: 2053.8038), the exchange rate shifted by +1260.4215 (+61.37%).

2024 Avg (December) 3314.2252

2023 Avg (December) 2053.8038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2687.1845	2634.2443	2658.5664
February	2737.0429	2687.1178	2709.9152
March	2788.1228	2735.3773	2766.5874
April	2847.0320	2786.9398	2818.5174
May	2914.0943	2832.1543	2882.6605
June	2969.8872	2916.8987	2947.2510
July	3050.2369	2980.0910	3014.6189
August	3117.5916	3039.0683	3078.4092
September	3172.3900	3117.9927	3146.2284
October	3230.4177	3171.3354	3196.0899
November	3287.6389	3217.6716	3253.1965
December	3347.4306	3290.2811	3314.2252