YEARLY HIGH
278.5347 INR
YEARLY LOW
269.1564 INR
YEARLY AVERAGE
272.6822 INR

2024 KWD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 278.5347. Conversely, the yearly low was recorded on March 2, dropping to 269.1564.

This high-to-low spread represents a total annual volatility of 9.3783 INR. From a start-to-finish perspective, comparing the January average rate of 270.2120 to the December average rate of 276.2411, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 278.5347 was up 2.12% compared to the 2023 peak of 272.7604, 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 1,392,674 INR
2023 Average 1,343,412 INR
Yearly Trough Low 1,345,782 INR
Transaction Impact: A difference of 46,891.34 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

276.9094
268.8896
JanuMarcMayJulySeptNove

KWD to INR 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 270.7591, compared to 274.6053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8462 points.

H1 Avg (Jan–Jun) 270.7591
H2 Avg (Jul–Dec) 274.6053

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.1616 INR (High: 278.5347 / Low: 275.3731). On the other end, October was the most stable month, with a tight range of 0.9052 INR (High: 274.6752 / Low: 273.7700).

December Spread (Volatile) ±3.1616
October Spread (Stable) ±0.9052

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6541 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.6541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 276.2411) against the same month in 2023 (average: 270.3769), the exchange rate shifted by +5.8642 (+2.17%).

2024 Avg (December) 276.2411
2023 Avg (December) 270.3769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 270.9695 269.5955 270.2120
February 270.5626 269.1939 269.5579
March 272.2201 269.1564 270.1731
April 271.8591 270.3554 270.9291
May 272.0787 270.6146 271.3761
June 273.1314 271.1220 272.3066
July 274.1013 272.2311 273.3587
August 275.3210 273.9260 274.5303
September 275.2184 273.6659 274.5580
October 274.6752 273.7700 274.2992
November 275.4229 273.7630 274.6447
December 278.5347 275.3731 276.2411