YEARLY HIGH
23.1461 BOB
YEARLY LOW
22.5444 BOB
YEARLY AVERAGE
22.8259 BOB

2016 KWD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 23.1461. Conversely, the yearly low was recorded on December 20, dropping to 22.5444.

This high-to-low spread represents a total annual volatility of 0.6017 BOB. From a start-to-finish perspective, comparing the January average rate of 22.7198 to the December average rate of 22.6543, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.1461 was down 2.17% compared to the 2015 peak of 23.6591, 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 115,730 BOB
2015 Average 114,713 BOB
Yearly Trough Low 112,722 BOB
Transaction Impact: A difference of 3,008.49 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

23.0188
22.6212
JanuMarcMayJulySeptNove

KWD to BOB 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 22.8196, compared to 22.8323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 22.8196
H2 Avg (Jul–Dec) 22.8323

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.3717 BOB (High: 23.1461 / Low: 22.7744). On the other end, January was the most stable month, with a tight range of 0.1501 BOB (High: 22.8001 / Low: 22.6500).

February Spread (Volatile) ±0.3717
January Spread (Stable) ±0.1501

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.2792 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 22.9857) against the same month in 2015 (average: 23.3820), the exchange rate shifted by -0.3963 (-1.69%).

2016 Avg (February) 22.9857
2015 Avg (February) 23.3820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.8001 22.6500 22.7198
February 23.1461 22.7744 22.9857
March 22.8317 22.5873 22.7065
April 22.9293 22.5801 22.7939
May 23.0162 22.7832 22.8710
June 22.9356 22.7553 22.8406
July 22.9135 22.7484 22.8227
August 23.0747 22.8747 22.9418
September 23.0202 22.8689 22.9498
October 22.9220 22.7668 22.8612
November 22.9241 22.6159 22.7637
December 22.8399 22.5444 22.6543