2021 KWD to CNY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to CNY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 21.7493. Conversely, the yearly low was recorded on December 8, dropping to 20.9482.
This high-to-low spread represents a total annual volatility of 0.8010 CNY. From a start-to-finish perspective, comparing the January average rate of 21.3538 to the December average rate of 21.0396, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 21.7493 was down 6.38% compared to the 2020 peak of 23.2321, 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 CNY 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 21.4336, compared to 21.3325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 0.3884 CNY (High: 21.7493 / Low: 21.3609). On the other end, August was the most stable month, with a tight range of 0.1161 CNY (High: 21.6023 / Low: 21.4862).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2673 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 21.5360) against the same month in 2020 (average: 22.7250), the exchange rate shifted by -1.1889 (-5.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4800 | 21.2274 | 21.3538 |
| February | 21.4359 | 21.2543 | 21.3594 |
| March | 21.7493 | 21.3609 | 21.5360 |
| April | 21.7474 | 21.4993 | 21.6350 |
| May | 21.4993 | 21.1553 | 21.3677 |
| June | 21.5073 | 21.2153 | 21.3495 |
| July | 21.6543 | 21.4587 | 21.5241 |
| August | 21.6023 | 21.4862 | 21.5391 |
| September | 21.5102 | 21.3711 | 21.4650 |
| October | 21.3896 | 21.1611 | 21.2899 |
| November | 21.2395 | 21.0494 | 21.1371 |
| December | 21.0935 | 20.9482 | 21.0396 |