2016 KWD to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 68.6583. Conversely, the yearly low was recorded on January 3, dropping to 56.6609.
This high-to-low spread represents a total annual volatility of 11.9975 MXN. From a start-to-finish perspective, comparing the January average rate of 59.2930 to the December average rate of 67.1875, the exchange rate registered a net change of 13.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 68.6583 was up 19.84% compared to the 2015 peak of 57.2918, 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 2016.
KWD to MXN 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 59.8932, compared to 63.7397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8465 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 7.9515 MXN (High: 68.6583 / Low: 60.7068). On the other end, July was the most stable month, with a tight range of 1.6337 MXN (High: 62.4429 / Low: 60.8092).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.0271 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 66.1127) against the same month in 2015 (average: 54.7350), the exchange rate shifted by +11.3777 (+20.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.2771 | 56.6609 | 59.2930 |
| February | 63.9063 | 60.0486 | 61.5587 |
| March | 59.8164 | 57.2230 | 58.5316 |
| April | 59.1720 | 56.9834 | 57.9623 |
| May | 61.2307 | 56.9825 | 60.1221 |
| June | 63.2212 | 60.5096 | 61.8917 |
| July | 62.4429 | 60.8092 | 61.5053 |
| August | 62.6820 | 59.9665 | 61.3004 |
| September | 65.9274 | 60.7611 | 63.7075 |
| October | 64.3566 | 61.1347 | 62.6246 |
| November | 68.6583 | 60.7068 | 66.1127 |
| December | 67.9924 | 66.3447 | 67.1875 |