2024 KWD to MXN Historical Review

YEARLY HIGH

67.6836 MXN

YEARLY LOW

53.1098 MXN

YEARLY AVERAGE

59.7028 MXN

2024 KWD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 67.6836. Conversely, the yearly low was recorded on April 8, dropping to 53.1098.

This high-to-low spread represents a total annual volatility of 14.5738 MXN. From a start-to-finish perspective, comparing the January average rate of 55.4593 to the December average rate of 65.8168, the exchange rate registered a net change of 18.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 67.6836 was up 6.18% compared to the 2023 peak of 63.7420, 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 338,418 MXN

2023 Average 288,534 MXN

Yearly Trough Low 265,549 MXN

Transaction Impact: A difference of 72,868.79 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.3219

53.3823

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 55.6904, compared to 63.7151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0247 points.

H1 Avg (Jan–Jun) 55.6904

H2 Avg (Jul–Dec) 63.7151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 5.8560 MXN (High: 61.2274 / Low: 55.3714). On the other end, February was the most stable month, with a tight range of 0.4794 MXN (High: 55.8232 / Low: 55.3437).

June Spread (Volatile) ±5.8560

February Spread (Stable) ±0.4794

Growth Streaks & Declines

Trends

Between July and November, 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 0.9793 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 65.8168) against the same month in 2023 (average: 55.7562), the exchange rate shifted by +10.0606 (+18.04%).

2024 Avg (December) 65.8168

2023 Avg (December) 55.7562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.2549	54.7700	55.4593
February	55.8232	55.3437	55.5232
March	55.3394	53.8222	54.5439
April	55.9039	53.1098	54.6027
May	55.4652	53.9348	54.6872
June	61.2274	55.3714	59.3262
July	61.4175	57.6257	59.1966
August	64.9821	60.9120	62.6875
September	65.7786	62.6910	64.2093
October	65.7815	62.8898	64.2204
November	67.1749	64.5842	66.1602
December	67.6836	65.2039	65.8168