2024 KWD to CDF Historical Review

YEARLY HIGH

9427.8060 CDF

YEARLY LOW

8641.3296 CDF

YEARLY AVERAGE

9174.5435 CDF

2024 KWD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 9427.8060. Conversely, the yearly low was recorded on January 20, dropping to 8641.3296.

This high-to-low spread represents a total annual volatility of 786.4764 CDF. From a start-to-finish perspective, comparing the January average rate of 8849.6116 to the December average rate of 9275.2164, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9427.8060 was up 3.72% compared to the 2023 peak of 9089.4498, 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 47,139,030 CDF

2023 Average 38,014,120 CDF

Yearly Trough Low 43,206,648 CDF

Transaction Impact: A difference of 3,932,381.83 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9380.1800

8801.3781

JanuMarcMayJulySeptNove

KWD to CDF 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 9038.8454, compared to 9310.2416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 271.3962 points.

H1 Avg (Jan–Jun) 9038.8454

H2 Avg (Jul–Dec) 9310.2416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 306.5567 CDF (High: 8947.8863 / Low: 8641.3296). On the other end, February was the most stable month, with a tight range of 92.1583 CDF (High: 9001.3289 / Low: 8909.1706).

January Spread (Volatile) ±306.5567

February Spread (Stable) ±92.1583

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 November and December, when the average rate fell by 37.8280 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -37.8280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 9323.7975) against the same month in 2023 (average: 8040.9195), the exchange rate shifted by +1282.8780 (+15.95%).

2024 Avg (August) 9323.7975

2023 Avg (August) 8040.9195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8947.8863	8641.3296	8849.6116
February	9001.3289	8909.1706	8954.7134
March	9079.2304	8980.9477	9023.9068
April	9165.2949	9004.2783	9066.7573
May	9210.3119	9052.4418	9100.7476
June	9300.5952	9130.5912	9237.3357
July	9387.1918	9246.4899	9298.4125
August	9427.8060	9202.8691	9323.7975
September	9393.1347	9273.5780	9331.9465
October	9387.4143	9254.6072	9319.0326
November	9379.6411	9276.6605	9313.0444
December	9344.6993	9206.3200	9275.2164