YEARLY HIGH
2.3623 JOD
YEARLY LOW
2.3311 JOD
YEARLY AVERAGE
2.3497 JOD

2021 KWD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 2.3623. Conversely, the yearly low was recorded on January 3, dropping to 2.3311.

This high-to-low spread represents a total annual volatility of 0.0312 JOD. From a start-to-finish perspective, comparing the January average rate of 2.3382 to the December average rate of 2.3417, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3623 was up 0.96% compared to the 2020 peak of 2.3398, 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 11,811 JOD
2020 Average 11,557 JOD
Yearly Trough Low 11,656 JOD
Transaction Impact: A difference of 155.81 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3591
2.3363
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 2.3481, compared to 2.3513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 2.3481
H2 Avg (Jul–Dec) 2.3513

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0130 JOD (High: 2.3442 / Low: 2.3311). On the other end, October was the most stable month, with a tight range of 0.0034 JOD (High: 2.3524 / Low: 2.3490).

January Spread (Volatile) ±0.0130
October Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and May, 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 0.0059 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.3564) against the same month in 2020 (average: 2.2947), the exchange rate shifted by +0.0616 (+2.69%).

2021 Avg (May) 2.3564
2020 Avg (May) 2.2947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3442 2.3311 2.3382
February 2.3454 2.3391 2.3421
March 2.3486 2.3392 2.3447
April 2.3578 2.3456 2.3515
May 2.3623 2.3524 2.3564
June 2.3587 2.3524 2.3556
July 2.3590 2.3534 2.3563
August 2.3620 2.3543 2.3572
September 2.3598 2.3504 2.3566
October 2.3524 2.3490 2.3507
November 2.3503 2.3406 2.3453
December 2.3452 2.3371 2.3417