2024 KWD to JOD Historical Review

YEARLY HIGH

2.3302 JOD

YEARLY LOW

2.2982 JOD

YEARLY AVERAGE

2.3103 JOD

2024 KWD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.3302. Conversely, the yearly low was recorded on April 28, dropping to 2.2982.

This high-to-low spread represents a total annual volatility of 0.0320 JOD. From a start-to-finish perspective, comparing the January average rate of 2.3066 to the December average rate of 2.3048, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3302 was down 0.68% compared to the 2023 peak of 2.3461, 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 11,651 JOD

2023 Average 11,539 JOD

Yearly Trough Low 11,491 JOD

Transaction Impact: A difference of 160.04 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3238

2.3001

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 2.3063, compared to 2.3142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 2.3063

H2 Avg (Jul–Dec) 2.3142

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0193 JOD (High: 2.3226 / Low: 2.3033). On the other end, January was the most stable month, with a tight range of 0.0061 JOD (High: 2.3099 / Low: 2.3038).

November Spread (Volatile) ±0.0193

January Spread (Stable) ±0.0061

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 0.0086 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.3194) against the same month in 2023 (average: 2.2991), the exchange rate shifted by +0.0204 (+0.89%).

2024 Avg (August) 2.3194

2023 Avg (August) 2.2991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3099	2.3038	2.3066
February	2.3111	2.3002	2.3037
March	2.3097	2.3034	2.3059
April	2.3060	2.2982	2.3021
May	2.3130	2.2996	2.3076
June	2.3154	2.3070	2.3120
July	2.3206	2.3125	2.3173
August	2.3302	2.3141	2.3194
September	2.3252	2.3189	2.3218
October	2.3197	2.3107	2.3133
November	2.3226	2.3033	2.3087
December	2.3093	2.2990	2.3048