YEARLY HIGH
1543.4959 KMF
YEARLY LOW
1444.2185 KMF
YEARLY AVERAGE
1483.2498 KMF

2024 KWD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1543.4959. Conversely, the yearly low was recorded on August 23, dropping to 1444.2185.

This high-to-low spread represents a total annual volatility of 99.2773 KMF. From a start-to-finish perspective, comparing the January average rate of 1467.4709 to the December average rate of 1527.2570, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1543.4959 was up 1.15% compared to the 2023 peak of 1525.9956, 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 7,717,479 KMF
2023 Average 7,410,942 KMF
Yearly Trough Low 7,221,093 KMF
Transaction Impact: A difference of 496,386.57 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1534.6700
1445.7134
JanuMarcMayJulySeptNove

KWD to KMF 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 1481.3674, compared to 1485.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7648 points.

H1 Avg (Jan–Jun) 1481.3674
H2 Avg (Jul–Dec) 1485.1322

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 67.1868 KMF (High: 1535.3986 / Low: 1468.2119). On the other end, September was the most stable month, with a tight range of 16.6259 KMF (High: 1462.4606 / Low: 1445.8347).

November Spread (Volatile) ±67.1868
September Spread (Stable) ±16.6259

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 21.1756 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -21.1756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1527.2570) against the same month in 2023 (average: 1465.3025), the exchange rate shifted by +61.9545 (+4.23%).

2024 Avg (December) 1527.2570
2023 Avg (December) 1465.3025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1480.6371 1446.1361 1467.4709
February 1491.4638 1474.2692 1481.6061
March 1484.0225 1464.6897 1473.8530
April 1504.9859 1473.2343 1490.6701
May 1496.8519 1473.0493 1483.8729
June 1502.9432 1472.6324 1490.7313
July 1498.3195 1474.3616 1485.1625
August 1497.1362 1444.2185 1463.9869
September 1462.4606 1445.8347 1453.1264
October 1487.8090 1456.2678 1473.8511
November 1535.3986 1468.2119 1507.4092
December 1543.4959 1515.0652 1527.2570