2021 KWD to BOB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to BOB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 23.2039. Conversely, the yearly low was recorded on January 4, dropping to 22.6291.
This high-to-low spread represents a total annual volatility of 0.5748 BOB. From a start-to-finish perspective, comparing the January average rate of 22.7244 to the December average rate of 22.7899, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 23.2039 was up 1.56% compared to the 2020 peak of 22.8467, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.8680, compared to 22.8900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 0.3256 BOB (High: 23.2039 / Low: 22.8783). On the other end, October was the most stable month, with a tight range of 0.0661 BOB (High: 22.9193 / Low: 22.8531).
Growth Streaks & Declines
TrendsBetween January and June, 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 October and November, when the average rate fell by 0.0644 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 22.9847) against the same month in 2020 (average: 22.4390), the exchange rate shifted by +0.5456 (+2.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.7780 | 22.6291 | 22.7244 |
| February | 22.8899 | 22.7609 | 22.8249 |
| March | 22.9602 | 22.7380 | 22.8417 |
| April | 23.0103 | 22.8135 | 22.8991 |
| May | 23.0428 | 22.8002 | 22.9333 |
| June | 23.2039 | 22.8783 | 22.9847 |
| July | 23.0216 | 22.8815 | 22.9399 |
| August | 23.0408 | 22.8999 | 22.9497 |
| September | 23.0019 | 22.8912 | 22.9448 |
| October | 22.9193 | 22.8531 | 22.8901 |
| November | 22.8882 | 22.7670 | 22.8257 |
| December | 22.9095 | 22.7039 | 22.7899 |