2020 KWD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 KWD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the KWD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1178.1556. Conversely, the yearly low was recorded on March 25, dropping to 1131.6197.
This high-to-low spread represents a total annual volatility of 46.5359 MRO. From a start-to-finish perspective, comparing the January average rate of 1176.3020 to the December average rate of 1170.9782, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1178.1556 was down 0.10% compared to the 2019 peak of 1179.2920, 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 2020.
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 1160.5326, compared to 1167.1035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 38.7301 MRO (High: 1170.3498 / Low: 1131.6197). On the other end, June was the most stable month, with a tight range of 3.0591 MRO (High: 1161.2551 / Low: 1158.1959).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 15.5125 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 1176.3020) against the same month in 2019 (average: 1177.6702), the exchange rate shifted by -1.3682 (-0.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1178.1556 | 1174.3421 | 1176.3020 |
| February | 1174.8677 | 1164.6381 | 1170.1544 |
| March | 1170.3498 | 1131.6197 | 1154.6419 |
| April | 1154.4954 | 1140.5714 | 1147.1133 |
| May | 1158.3951 | 1153.8200 | 1155.4118 |
| June | 1161.2551 | 1158.1959 | 1159.5725 |
| July | 1168.6603 | 1159.2452 | 1161.9990 |
| August | 1169.2880 | 1166.1827 | 1167.7335 |
| September | 1169.4527 | 1164.9117 | 1166.8875 |
| October | 1168.7636 | 1165.1246 | 1166.9708 |
| November | 1168.9664 | 1165.6115 | 1168.0519 |
| December | 1174.1567 | 1168.8707 | 1170.9782 |