2021 KWD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 326.5443. Conversely, the yearly low was recorded on January 4, dropping to 296.3517.
This high-to-low spread represents a total annual volatility of 30.1926 CVE. From a start-to-finish perspective, comparing the January average rate of 300.0264 to the December average rate of 323.6729, the exchange rate registered a net change of 7.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 326.5443 was down 60.70% compared to the 2020 peak of 830.8547, 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 CVE 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 304.4101, compared to 315.9503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.5403 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 17.8908 CVE (High: 318.3656 / Low: 300.4748). On the other end, December was the most stable month, with a tight range of 2.6045 CVE (High: 324.8951 / Low: 322.2906).
Growth Streaks & Declines
TrendsBetween May and December, 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 April and May, when the average rate fell by 4.0907 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 320.5630) against the same month in 2020 (average: 306.0315), the exchange rate shifted by +14.5315 (+4.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 302.2425 | 296.3517 | 300.0264 |
| February | 305.1577 | 301.2904 | 302.5164 |
| March | 312.3232 | 303.1284 | 307.8620 |
| April | 311.4589 | 303.5042 | 307.2439 |
| May | 306.6185 | 300.5867 | 303.1531 |
| June | 318.3656 | 300.4748 | 305.6584 |
| July | 313.3636 | 310.0080 | 311.3128 |
| August | 314.4064 | 310.1230 | 311.8131 |
| September | 316.4305 | 309.5102 | 312.0999 |
| October | 317.6435 | 313.9306 | 316.2402 |
| November | 326.5443 | 315.8160 | 320.5630 |
| December | 324.8951 | 322.2906 | 323.6729 |