2024 KWD to CVE Historical Review

YEARLY HIGH

345.0151 CVE

YEARLY LOW

322.7646 CVE

YEARLY AVERAGE

332.4244 CVE

2024 KWD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 345.0151. Conversely, the yearly low was recorded on August 25, dropping to 322.7646.

This high-to-low spread represents a total annual volatility of 22.2506 CVE. From a start-to-finish perspective, comparing the January average rate of 328.8342 to the December average rate of 341.9924, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 345.0151 was up 0.70% compared to the 2023 peak of 342.6100, 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 1,725,076 CVE

2023 Average 1,660,941 CVE

Yearly Trough Low 1,613,823 CVE

Transaction Impact: A difference of 111,252.84 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

343.6299

323.9794

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 332.0363, compared to 332.8126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7763 points.

H1 Avg (Jan–Jun) 332.0363

H2 Avg (Jul–Dec) 332.8126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 13.9203 CVE (High: 344.1905 / Low: 330.2701). On the other end, February was the most stable month, with a tight range of 3.6765 CVE (High: 334.2720 / Low: 330.5956).

November Spread (Volatile) ±13.9203

February Spread (Stable) ±3.6765

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 4.1826 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.1826

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 341.9924) against the same month in 2023 (average: 328.5997), the exchange rate shifted by +13.3927 (+4.08%).

2024 Avg (December) 341.9924

2023 Avg (December) 328.5997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	331.1716	324.3064	328.8342
February	334.2720	330.5956	332.2703
March	332.9542	328.0170	330.3284
April	336.8781	330.2165	333.6516
May	337.1344	330.0459	332.5900
June	337.5953	330.6056	334.5433
July	336.2044	330.0902	332.5223
August	336.2857	322.7646	328.3397
September	327.6919	323.5433	325.6170
October	333.8402	325.6359	330.6039
November	344.1905	330.2701	337.8002
December	345.0151	339.0827	341.9924