2024 KWD to DJF Historical Review

YEARLY HIGH

586.0675 DJF

YEARLY LOW

573.8531 DJF

YEARLY AVERAGE

579.4708 DJF

2024 KWD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 586.0675. Conversely, the yearly low was recorded on May 13, dropping to 573.8531.

This high-to-low spread represents a total annual volatility of 12.2144 DJF. From a start-to-finish perspective, comparing the January average rate of 578.4482 to the December average rate of 577.9859, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 586.0675 was down 0.77% compared to the 2023 peak of 590.6418, 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 2,930,338 DJF

2023 Average 2,893,400 DJF

Yearly Trough Low 2,869,266 DJF

Transaction Impact: A difference of 61,072.20 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

583.4655

576.9624

JanuMarcMayJulySeptNove

KWD to DJF 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 578.4432, compared to 580.4984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0551 points.

H1 Avg (Jan–Jun) 578.4432

H2 Avg (Jul–Dec) 580.4984

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 7.6875 DJF (High: 581.5406 / Low: 573.8531). On the other end, July was the most stable month, with a tight range of 3.4521 DJF (High: 582.5523 / Low: 579.1002).

May Spread (Volatile) ±7.6875

July Spread (Stable) ±3.4521

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 2.4927 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 582.9236) against the same month in 2023 (average: 576.6016), the exchange rate shifted by +6.3220 (+1.10%).

2024 Avg (September) 582.9236

2023 Avg (September) 576.6016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	580.6785	576.6222	578.4482
February	582.7889	576.7686	578.0961
March	580.9667	576.3358	578.1978
April	579.8926	575.8375	577.5043
May	581.5406	573.8531	578.4403
June	584.5270	577.6159	579.9727
July	582.5523	579.1002	581.4200
August	584.2290	578.1548	581.2439
September	586.0675	581.6546	582.9236
October	584.1046	577.4501	580.4309
November	584.2276	576.5626	578.9860
December	580.5742	576.2473	577.9859