2017 KWD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 KWD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the KWD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 1217.1213. Conversely, the yearly low was recorded on March 15, dropping to 1164.9792.
This high-to-low spread represents a total annual volatility of 52.1421 MRO. From a start-to-finish perspective, comparing the January average rate of 1173.9540 to the December average rate of 1176.7940, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1217.1213 was up 2.44% compared to the 2016 peak of 1188.1764, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
KWD to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1180.1751, compared to 1192.6190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.4439 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 40.9577 MRO (High: 1212.7561 / Low: 1171.7984). On the other end, December was the most stable month, with a tight range of 9.0503 MRO (High: 1180.9857 / Low: 1171.9354).
Growth Streaks & Declines
TrendsBetween 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 20.5792 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 1204.0685) against the same month in 2016 (average: 1178.5574), the exchange rate shifted by +25.5111 (+2.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1181.1708 | 1166.8166 | 1173.9540 |
| February | 1183.3445 | 1170.3218 | 1176.3271 |
| March | 1184.2853 | 1164.9792 | 1177.0408 |
| April | 1191.4572 | 1172.2899 | 1182.5112 |
| May | 1193.0271 | 1176.7811 | 1183.9337 |
| June | 1195.7856 | 1179.2065 | 1187.2838 |
| July | 1205.5087 | 1184.8630 | 1193.7915 |
| August | 1217.1213 | 1198.1965 | 1204.0685 |
| September | 1216.7245 | 1207.4894 | 1212.1472 |
| October | 1212.7561 | 1171.7984 | 1194.7460 |
| November | 1181.4483 | 1167.1813 | 1174.1668 |
| December | 1180.9857 | 1171.9354 | 1176.7940 |