2024 KWD to ETB Historical Review

YEARLY HIGH

414.8906 ETB

YEARLY LOW

181.9451 ETB

YEARLY AVERAGE

268.3417 ETB

2024 KWD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 414.8906. Conversely, the yearly low was recorded on January 7, dropping to 181.9451.

This high-to-low spread represents a total annual volatility of 232.9455 ETB. From a start-to-finish perspective, comparing the January average rate of 183.4549 to the December average rate of 411.5468, the exchange rate registered a net change of 124.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 414.8906 was up 125.73% compared to the 2023 peak of 183.8022, 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 2,074,453 ETB

2023 Average 890,679 ETB

Yearly Trough Low 909,726 ETB

Transaction Impact: A difference of 1,164,727.27 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

434.3560

160.6457

JanuMarcMayJulySeptNove

KWD to ETB 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 185.1630, compared to 351.5204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 166.3574 points.

H1 Avg (Jan–Jun) 185.1630

H2 Avg (Jul–Dec) 351.5204

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 111.6257 ETB (High: 369.5093 / Low: 257.8836). On the other end, June was the most stable month, with a tight range of 2.1132 ETB (High: 188.2853 / Low: 186.1721).

August Spread (Volatile) ±111.6257

June Spread (Stable) ±2.1132

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 411.5468) against the same month in 2023 (average: 182.4055), the exchange rate shifted by +229.1413 (+125.62%).

2024 Avg (December) 411.5468

2023 Avg (December) 182.4055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	184.1190	181.9451	183.4549
February	185.2868	182.8088	183.9622
March	185.2702	183.1223	184.5363
April	186.5649	183.8691	184.8189
May	187.6717	185.3358	186.6351
June	188.2853	186.1721	187.5704
July	246.8572	187.1812	190.4668
August	369.5093	257.8836	336.7909
September	392.5457	361.5304	378.3234
October	397.8972	386.5979	392.8561
November	411.3634	392.0823	399.1383
December	414.8906	403.9290	411.5468