2024 KWD to MDL Historical Review

YEARLY HIGH

59.9302 MDL

YEARLY LOW

56.2711 MDL

YEARLY AVERAGE

57.7851 MDL

2024 KWD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 59.9302. Conversely, the yearly low was recorded on January 2, dropping to 56.2711.

This high-to-low spread represents a total annual volatility of 3.6591 MDL. From a start-to-finish perspective, comparing the January average rate of 57.2931 to the December average rate of 59.5260, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.9302 was down 4.64% compared to the 2023 peak of 62.8461, 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 299,651 MDL

2023 Average 294,456 MDL

Yearly Trough Low 281,355 MDL

Transaction Impact: A difference of 18,295.64 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.7849

56.6778

JanuMarcMayJulySeptNove

KWD to MDL 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 57.5655, compared to 58.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4393 points.

H1 Avg (Jan–Jun) 57.5655

H2 Avg (Jul–Dec) 58.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.8937 MDL (High: 58.7496 / Low: 56.8558). On the other end, May was the most stable month, with a tight range of 0.5787 MDL (High: 57.7888 / Low: 57.2101).

October Spread (Volatile) ±1.8937

May Spread (Stable) ±0.5787

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 0.6641 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 59.5260) against the same month in 2023 (average: 57.1838), the exchange rate shifted by +2.3422 (+4.10%).

2024 Avg (December) 59.5260

2023 Avg (December) 57.1838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.7205	56.2711	57.2931
February	58.2957	57.4930	57.8322
March	57.7295	57.1097	57.4200
April	58.0841	57.0153	57.5691
May	57.7888	57.2101	57.4816
June	58.3360	57.2044	57.7968
July	58.1982	57.4932	57.8875
August	58.0056	56.4813	57.2233
September	57.2800	56.5503	56.9367
October	58.7496	56.8558	57.7101
November	59.4874	57.9072	58.7450
December	59.9302	59.2176	59.5260