2024 KWD to GNF Historical Review

YEARLY HIGH

28394.8203 GNF

YEARLY LOW

27815.7567 GNF

YEARLY AVERAGE

28064.4079 GNF

2024 KWD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 28394.8203. Conversely, the yearly low was recorded on March 23, dropping to 27815.7567.

This high-to-low spread represents a total annual volatility of 579.0635 GNF. From a start-to-finish perspective, comparing the January average rate of 27945.2703 to the December average rate of 28046.9470, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 28394.8203 was down 1.52% compared to the 2023 peak of 28834.3076, 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 141,974,101 GNF

2023 Average 140,226,858 GNF

Yearly Trough Low 139,078,784 GNF

Transaction Impact: A difference of 2,895,317.68 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28349.7789

27862.1619

JanuMarcMayJulySeptNove

KWD to GNF 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 27964.9086, compared to 28163.9071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 198.9985 points.

H1 Avg (Jan–Jun) 27964.9086

H2 Avg (Jul–Dec) 28163.9071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 315.2286 GNF (High: 28282.1691 / Low: 27966.9404). On the other end, September was the most stable month, with a tight range of 119.9859 GNF (High: 28375.3196 / Low: 28255.3337).

November Spread (Volatile) ±315.2286

September Spread (Stable) ±119.9859

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 118.1612 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -118.1612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 28190.9829) against the same month in 2023 (average: 27810.8567), the exchange rate shifted by +380.1262 (+1.37%).

2024 Avg (October) 28190.9829

2023 Avg (October) 27810.8567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28026.2345	27864.2511	27945.2703
February	28145.9236	27898.5597	27947.8445
March	28041.8342	27815.7567	27951.7657
April	27975.9199	27820.0489	27902.7967
May	28076.2182	27878.8399	27975.5601
June	28165.7544	28032.8109	28066.2144
July	28295.0032	28057.8121	28148.2987
August	28314.6057	28073.0610	28203.1266
September	28375.3196	28255.3337	28309.1441
October	28394.8203	28111.6632	28190.9829
November	28282.1691	27966.9404	28084.9436
December	28109.3657	27957.3858	28046.9470