2021 KWD to MVR Historical Review

YEARLY HIGH

51.5629 MVR

YEARLY LOW

50.6337 MVR

YEARLY AVERAGE

51.1453 MVR

2021 KWD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 51.5629. Conversely, the yearly low was recorded on January 3, dropping to 50.6337.

This high-to-low spread represents a total annual volatility of 0.9291 MVR. From a start-to-finish perspective, comparing the January average rate of 50.8048 to the December average rate of 50.9945, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 51.5629 was up 1.06% compared to the 2020 peak of 51.0204, 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 257,814 MVR

2020 Average 251,468 MVR

Yearly Trough Low 253,169 MVR

Transaction Impact: A difference of 4,645.60 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.4327

50.7477

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 51.0932, compared to 51.1975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1043 points.

H1 Avg (Jan–Jun) 51.0932

H2 Avg (Jul–Dec) 51.1975

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.6328 MVR (High: 51.5629 / Low: 50.9300). On the other end, February was the most stable month, with a tight range of 0.1593 MVR (High: 50.9777 / Low: 50.8184).

May Spread (Volatile) ±0.6328

February Spread (Stable) ±0.1593

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.1219 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 51.2366) against the same month in 2020 (average: 50.0814), the exchange rate shifted by +1.1552 (+2.31%).

2021 Avg (May) 51.2366

2020 Avg (May) 50.0814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.9502	50.6337	50.8048
February	50.9777	50.8184	50.9002
March	51.2036	50.8092	51.0543
April	51.4202	51.0947	51.2472
May	51.5629	50.9300	51.2366
June	51.5517	50.9774	51.3160
July	51.4061	51.1186	51.2144
August	51.5036	51.1810	51.3756
September	51.4228	51.1626	51.3097
October	51.2705	51.0214	51.2062
November	51.2351	50.8395	51.0843
December	51.1038	50.8120	50.9945