2024 KWD to BIF Historical Review

YEARLY HIGH

9644.0123 BIF

YEARLY LOW

9249.6622 BIF

YEARLY AVERAGE

9399.8078 BIF

2024 KWD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 9644.0123. Conversely, the yearly low was recorded on January 7, dropping to 9249.6622.

This high-to-low spread represents a total annual volatility of 394.3501 BIF. From a start-to-finish perspective, comparing the January average rate of 9277.3822 to the December average rate of 9579.0852, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9644.0123 was up 3.63% compared to the 2023 peak of 9306.5379, 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 48,220,061 BIF

2023 Average 41,446,256 BIF

Yearly Trough Low 46,248,311 BIF

Transaction Impact: A difference of 1,971,750.44 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9609.2555

9247.2119

JanuMarcMayJulySeptNove

KWD to BIF 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 9317.6492, compared to 9481.9663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 164.3171 points.

H1 Avg (Jan–Jun) 9317.6492

H2 Avg (Jul–Dec) 9481.9663

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 240.3567 BIF (High: 9644.0123 / Low: 9403.6556). On the other end, July was the most stable month, with a tight range of 45.8964 BIF (High: 9431.2983 / Low: 9385.4018).

November Spread (Volatile) ±240.3567

July Spread (Stable) ±45.8964

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3971 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3971

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 9509.9265) against the same month in 2023 (average: 9206.0263), the exchange rate shifted by +303.9002 (+3.30%).

2024 Avg (November) 9509.9265

2023 Avg (November) 9206.0263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9297.1848	9249.6622	9277.3822
February	9342.1869	9263.2384	9290.9394
March	9341.5182	9259.8350	9305.5291
April	9335.7965	9274.3626	9306.9439
May	9379.3517	9303.1734	9342.8411
June	9446.2805	9363.7950	9382.2596
July	9431.2983	9385.4018	9412.7510
August	9476.5204	9396.8224	9427.3704
September	9509.5797	9434.7902	9481.5309
October	9621.9034	9436.5784	9481.1338
November	9644.0123	9403.6556	9509.9265
December	9635.0321	9422.8159	9579.0852