YEARLY HIGH
655.7782 LRD
YEARLY LOW
582.0792 LRD
YEARLY AVERAGE
623.7626 LRD

2024 KWD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 655.7782. Conversely, the yearly low was recorded on December 4, dropping to 582.0792.

This high-to-low spread represents a total annual volatility of 73.6991 LRD. From a start-to-finish perspective, comparing the January average rate of 614.9460 to the December average rate of 586.8327, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 655.7782 was up 6.85% compared to the 2023 peak of 613.7318, 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 3,278,891 LRD
2023 Average 2,842,176 LRD
Yearly Trough Low 2,910,396 LRD
Transaction Impact: A difference of 368,495.40 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

646.1639
581.4390
JanuMarcMayJulySeptNove

KWD to LRD 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 624.8189, compared to 622.7064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1125 points.

H1 Avg (Jan–Jun) 624.8189
H2 Avg (Jul–Dec) 622.7064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 45.5756 LRD (High: 628.1268 / Low: 582.5512). On the other end, June was the most stable month, with a tight range of 2.0498 LRD (High: 634.0273 / Low: 631.9775).

November Spread (Volatile) ±45.5756
June Spread (Stable) ±2.0498

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 26.5011 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -26.5011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 640.7702) against the same month in 2023 (average: 603.5890), the exchange rate shifted by +37.1812 (+6.16%).

2024 Avg (September) 640.7702
2023 Avg (September) 603.5890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 617.8499 612.2897 614.9460
February 622.5811 616.5612 618.8100
March 627.4502 622.9694 625.9634
April 628.8397 610.1914 626.0188
May 632.2696 627.5553 630.1243
June 634.0273 631.9775 633.0508
July 639.6601 634.0166 637.3080
August 651.5537 636.8748 640.0100
September 655.7782 634.5403 640.7702
October 634.2587 626.1300 628.9092
November 628.1268 582.5512 602.4081
December 596.8038 582.0792 586.8327