YEARLY HIGH
2.3398 JOD
YEARLY LOW
2.2474 JOD
YEARLY AVERAGE
2.3113 JOD

2020 KWD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.3398. Conversely, the yearly low was recorded on March 25, dropping to 2.2474.

This high-to-low spread represents a total annual volatility of 0.0924 JOD. From a start-to-finish perspective, comparing the January average rate of 2.3361 to the December average rate of 2.3253, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3398 was down 0.18% compared to the 2019 peak of 2.3441, 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 11,699 JOD
2019 Average 11,667 JOD
Yearly Trough Low 11,237 JOD
Transaction Impact: A difference of 462.10 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3419
2.2725
JanuMarcMayJulySeptNove

KWD to JOD 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 2.3048, compared to 2.3178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 2.3048
H2 Avg (Jul–Dec) 2.3178

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0769 JOD (High: 2.3243 / Low: 2.2474). On the other end, June was the most stable month, with a tight range of 0.0061 JOD (High: 2.3062 / Low: 2.3002).

March Spread (Volatile) ±0.0769
June Spread (Stable) ±0.0061

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 February and March, when the average rate fell by 0.0306 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.3361) against the same month in 2019 (average: 2.3411), the exchange rate shifted by -0.0050 (-0.21%).

2020 Avg (January) 2.3361
2019 Avg (January) 2.3411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3398 2.3316 2.3361
February 2.3323 2.3130 2.3237
March 2.3243 2.2474 2.2931
April 2.2928 2.2652 2.2783
May 2.3006 2.2919 2.2947
June 2.3062 2.3002 2.3030
July 2.3210 2.3023 2.3077
August 2.3222 2.3160 2.3191
September 2.3225 2.3135 2.3174
October 2.3212 2.3139 2.3176
November 2.3219 2.3149 2.3197
December 2.3319 2.3199 2.3253