YEARLY HIGH
2.6267 GBP
YEARLY LOW
2.4408 GBP
YEARLY AVERAGE
2.5505 GBP

2024 KWD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 2.6267. Conversely, the yearly low was recorded on September 24, dropping to 2.4408.

This high-to-low spread represents a total annual volatility of 0.1858 GBP. From a start-to-finish perspective, comparing the January average rate of 2.5585 to the December average rate of 2.5722, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6267 was down 4.54% compared to the 2023 peak of 2.7516, 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 13,133 GBP
2023 Average 13,086 GBP
Yearly Trough Low 12,204 GBP
Transaction Impact: A difference of 929.21 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6082
2.4666
JanuMarcMayJulySeptNove

KWD to GBP 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 2.5717, compared to 2.5292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0425 points.

H1 Avg (Jan–Jun) 2.5717
H2 Avg (Jul–Dec) 2.5292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1070 GBP (High: 2.5796 / Low: 2.4725). On the other end, January was the most stable month, with a tight range of 0.0304 GBP (High: 2.5768 / Low: 2.5464).

August Spread (Volatile) ±0.1070
January Spread (Stable) ±0.0304

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 August and September, when the average rate fell by 0.0500 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.5964) against the same month in 2023 (average: 2.6224), the exchange rate shifted by -0.0260 (-0.99%).

2024 Avg (April) 2.5964
2023 Avg (April) 2.6224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5768 2.5464 2.5585
February 2.5921 2.5512 2.5721
March 2.5847 2.5327 2.5598
April 2.6267 2.5660 2.5964
May 2.6024 2.5510 2.5764
June 2.5830 2.5470 2.5671
July 2.5801 2.5164 2.5407
August 2.5796 2.4725 2.5283
September 2.5096 2.4408 2.4784
October 2.5292 2.4655 2.5019
November 2.5933 2.5035 2.5539
December 2.5981 2.5443 2.5722