2024 KWD to BOB Historical Review

YEARLY HIGH

22.7560 BOB

YEARLY LOW

22.3617 BOB

YEARLY AVERAGE

22.5259 BOB

2024 KWD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 22.7560. Conversely, the yearly low was recorded on December 21, dropping to 22.3617.

This high-to-low spread represents a total annual volatility of 0.3943 BOB. From a start-to-finish perspective, comparing the January average rate of 22.4629 to the December average rate of 22.4553, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.7560 was down 0.62% compared to the 2023 peak of 22.8983, 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 113,780 BOB

2023 Average 112,389 BOB

Yearly Trough Low 111,808 BOB

Transaction Impact: A difference of 1,971.67 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.6699

22.4358

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 22.4850, compared to 22.5669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0819 points.

H1 Avg (Jan–Jun) 22.4850

H2 Avg (Jul–Dec) 22.5669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3163 BOB (High: 22.6875 / Low: 22.3712). On the other end, July was the most stable month, with a tight range of 0.0806 BOB (High: 22.6175 / Low: 22.5369).

November Spread (Volatile) ±0.3163

July Spread (Stable) ±0.0806

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0707 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 22.6504) against the same month in 2023 (average: 22.3766), the exchange rate shifted by +0.2738 (+1.22%).

2024 Avg (September) 22.6504

2023 Avg (September) 22.3766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5116	22.4305	22.4629
February	22.6181	22.4130	22.4578
March	22.5771	22.3640	22.4747
April	22.5838	22.4059	22.4781
May	22.5610	22.4194	22.4941
June	22.6384	22.4774	22.5421
July	22.6175	22.5369	22.5885
August	22.6851	22.4616	22.5988
September	22.7560	22.5756	22.6504
October	22.6658	22.5234	22.5824
November	22.6875	22.3712	22.5260
December	22.5295	22.3617	22.4553