2024 KWD to GMD Historical Review

YEARLY HIGH

234.2308 GMD

YEARLY LOW

218.4002 GMD

YEARLY AVERAGE

224.2456 GMD

2024 KWD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 234.2308. Conversely, the yearly low was recorded on January 17, dropping to 218.4002.

This high-to-low spread represents a total annual volatility of 15.8307 GMD. From a start-to-finish perspective, comparing the January average rate of 218.7865 to the December average rate of 233.3655, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 234.2308 was up 6.69% compared to the 2023 peak of 219.5391, 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 1,171,154 GMD

2023 Average 1,013,566 GMD

Yearly Trough Low 1,092,001 GMD

Transaction Impact: A difference of 79,153.34 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

234.8234

217.3286

JanuMarcMayJulySeptNove

KWD to GMD 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 220.2600, compared to 228.2313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9714 points.

H1 Avg (Jan–Jun) 220.2600

H2 Avg (Jul–Dec) 228.2313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 9.6744 GMD (High: 229.8626 / Low: 220.1882). On the other end, March was the most stable month, with a tight range of 0.6387 GMD (High: 221.3081 / Low: 220.6695).

October Spread (Volatile) ±9.6744

March Spread (Stable) ±0.6387

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.8113 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.8113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 233.3655) against the same month in 2023 (average: 218.7620), the exchange rate shifted by +14.6035 (+6.68%).

2024 Avg (December) 233.3655

2023 Avg (December) 218.7620

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	219.2555	218.4002	218.7865
February	220.8766	218.5864	219.6256
March	221.3081	220.6695	220.9642
April	220.9432	219.9195	220.5187
May	221.5443	219.8391	220.6296
June	221.3668	220.5937	221.0351
July	227.4654	221.0368	221.7821
August	232.6953	225.2855	228.5651
September	232.4919	224.2953	227.9280
October	229.8626	220.1882	226.1167
November	233.4679	229.3108	231.6305
December	234.2308	230.9529	233.3655