YEARLY HIGH
12998.1394 MGA
YEARLY LOW
11796.6317 MGA
YEARLY AVERAGE
12419.4105 MGA

2020 KWD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 12998.1394. Conversely, the yearly low was recorded on March 16, dropping to 11796.6317.

This high-to-low spread represents a total annual volatility of 1201.5077 MGA. From a start-to-finish perspective, comparing the January average rate of 12128.4228 to the December average rate of 12524.2434, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12998.1394 was up 4.40% compared to the 2019 peak of 12450.3437, 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 64,990,697 MGA
2019 Average 59,778,177 MGA
Yearly Trough Low 58,983,158 MGA
Transaction Impact: A difference of 6,007,538.58 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12909.7887
11959.5075
JanuMarcMayJulySeptNove

KWD to MGA 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 12198.4904, compared to 12640.3306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 441.8402 points.

H1 Avg (Jan–Jun) 12198.4904
H2 Avg (Jul–Dec) 12640.3306

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 630.4402 MGA (High: 12811.1868 / Low: 12180.7466). On the other end, July was the most stable month, with a tight range of 139.5135 MGA (High: 12579.9616 / Low: 12440.4481).

December Spread (Volatile) ±630.4402
July Spread (Stable) ±139.5135

Growth Streaks & Declines

Trends

Between March and November, 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 November and December, when the average rate fell by 306.3552 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -306.3552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 12830.5986) against the same month in 2019 (average: 12149.4176), the exchange rate shifted by +681.1810 (+5.61%).

2020 Avg (November) 12830.5986
2019 Avg (November) 12149.4176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12268.5226 11929.6791 12128.4228
February 12213.0838 11929.6791 12141.1609
March 12173.2410 11796.6317 12038.6976
April 12353.4909 11992.5182 12125.9624
May 12377.2280 12206.6216 12328.4718
June 12582.4978 12141.5919 12428.2272
July 12579.9616 12440.4481 12512.3031
August 12612.6738 12395.3559 12551.1639
September 12717.6545 12532.5287 12618.9204
October 12993.3401 12694.3769 12804.7544
November 12998.1394 12388.5085 12830.5986
December 12811.1868 12180.7466 12524.2434