2024 KWD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 1748.1083. Conversely, the yearly low was recorded on April 4, dropping to 1619.8762.
This high-to-low spread represents a total annual volatility of 128.2321 CRC. From a start-to-finish perspective, comparing the January average rate of 1680.8502 to the December average rate of 1643.8140, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1748.1083 was down 9.64% compared to the 2023 peak of 1934.5304, 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 2024.
KWD to CRC 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 1671.7441, compared to 1688.6119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.8677 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 42.3350 CRC (High: 1748.1083 / Low: 1705.7732). On the other end, December was the most stable month, with a tight range of 23.8705 CRC (High: 1653.6808 / Low: 1629.8102).
Growth Streaks & Declines
TrendsBetween April and July, 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 October and November, when the average rate fell by 22.9087 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 1721.7984) against the same month in 2023 (average: 1760.9506), the exchange rate shifted by -39.1522 (-2.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1694.7834 | 1660.3713 | 1680.8502 |
| February | 1689.8819 | 1664.3942 | 1675.5616 |
| March | 1671.8738 | 1632.5562 | 1654.0876 |
| April | 1654.7488 | 1619.8762 | 1637.1297 |
| May | 1697.7741 | 1655.6080 | 1668.7665 |
| June | 1735.1577 | 1698.3312 | 1714.0691 |
| July | 1748.1083 | 1705.7732 | 1721.7984 |
| August | 1730.8049 | 1692.2108 | 1717.0660 |
| September | 1724.0170 | 1692.1917 | 1701.9493 |
| October | 1701.4196 | 1670.5987 | 1684.9761 |
| November | 1677.5541 | 1648.7591 | 1662.0674 |
| December | 1653.6808 | 1629.8102 | 1643.8140 |