YEARLY HIGH
23.2039 BOB
YEARLY LOW
22.6291 BOB
YEARLY AVERAGE
22.8790 BOB

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KWD based on timing:

Yearly Peak High 116,019 BOB
2020 Average 112,511 BOB
Yearly Trough Low 113,145 BOB
Transaction Impact: A difference of 2,874.01 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.0107
22.6983
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 22.8680, 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.

H1 Avg (Jan–Jun) 22.8680
H2 Avg (Jul–Dec) 22.8900

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±0.3256
October Spread (Stable) ±0.0661

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0644

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (June) 22.9847
2020 Avg (June) 22.4390

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