YEARLY HIGH
51.0204 MVR
YEARLY LOW
48.8150 MVR
YEARLY AVERAGE
50.2937 MVR

2020 KWD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 51.0204. Conversely, the yearly low was recorded on March 25, dropping to 48.8150.

This high-to-low spread represents a total annual volatility of 2.2054 MVR. From a start-to-finish perspective, comparing the January average rate of 50.9228 to the December average rate of 50.5566, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 51.0204 was down 0.44% compared to the 2019 peak of 51.2452, 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 255,102 MVR
2019 Average 254,124 MVR
Yearly Trough Low 244,075 MVR
Transaction Impact: A difference of 11,027.20 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

51.0604
49.4090
JanuMarcMayJulySeptNove

KWD to MVR 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 50.2202, compared to 50.3671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1469 points.

H1 Avg (Jan–Jun) 50.2202
H2 Avg (Jul–Dec) 50.3671

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9985 MVR (High: 50.8135 / Low: 48.8150). On the other end, August was the most stable month, with a tight range of 0.1383 MVR (High: 50.4727 / Low: 50.3344).

March Spread (Volatile) ±1.9985
August Spread (Stable) ±0.1383

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 February and March, when the average rate fell by 0.6846 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 50.9228) against the same month in 2019 (average: 51.0789), the exchange rate shifted by -0.1561 (-0.31%).

2020 Avg (January) 50.9228
2019 Avg (January) 51.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.0204 50.8439 50.9228
February 50.8780 50.2393 50.6474
March 50.8135 48.8150 49.9629
April 49.9635 49.2331 49.5466
May 50.1912 49.9775 50.0814
June 50.4364 50.0117 50.1604
July 50.4228 50.0258 50.1381
August 50.4727 50.3344 50.3953
September 50.4793 50.2593 50.3537
October 50.4500 50.2603 50.3584
November 50.4587 50.3099 50.4007
December 50.7853 50.4257 50.5566