YEARLY HIGH
23.2321 CNY
YEARLY LOW
21.3795 CNY
YEARLY AVERAGE
22.4983 CNY

2020 KWD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 23.2321. Conversely, the yearly low was recorded on December 7, dropping to 21.3795.

This high-to-low spread represents a total annual volatility of 1.8525 CNY. From a start-to-finish perspective, comparing the January average rate of 22.8157 to the December average rate of 21.4521, the exchange rate registered a net change of -5.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.2321 was down 1.69% compared to the 2019 peak of 23.6320, 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 116,160 CNY
2019 Average 113,688 CNY
Yearly Trough Low 106,898 CNY
Transaction Impact: A difference of 9,262.69 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.1583
21.2970
JanuMarcMayJulySeptNove

KWD to CNY 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 22.8643, compared to 22.1323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7320 points.

H1 Avg (Jan–Jun) 22.8643
H2 Avg (Jul–Dec) 22.1323

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.4649 CNY (High: 21.9048 / Low: 21.4399). On the other end, December was the most stable month, with a tight range of 0.1504 CNY (High: 21.5299 / Low: 21.3795).

November Spread (Volatile) ±0.4649
December Spread (Stable) ±0.1504

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.3967 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 22.9903) against the same month in 2019 (average: 22.5216), the exchange rate shifted by +0.4686 (+2.08%).

2020 Avg (May) 22.9903
2019 Avg (May) 22.5216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.0074 22.6079 22.8157
February 23.0974 22.8283 22.9305
March 22.8858 22.5516 22.7250
April 22.8656 22.5857 22.7208
May 23.2321 22.8298 22.9903
June 23.1355 22.9452 23.0032
July 22.9752 22.7058 22.8185
August 22.8234 22.4317 22.6691
September 22.3850 22.1027 22.2724
October 22.1784 21.7634 21.9785
November 21.9048 21.4399 21.6029
December 21.5299 21.3795 21.4521