2024 KWD to NAD Historical Review

YEARLY HIGH

62.7922 NAD

YEARLY LOW

56.2705 NAD

YEARLY AVERAGE

59.7242 NAD

2024 KWD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 62.7922. Conversely, the yearly low was recorded on September 30, dropping to 56.2705.

This high-to-low spread represents a total annual volatility of 6.5217 NAD. From a start-to-finish perspective, comparing the January average rate of 61.0791 to the December average rate of 59.2300, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 62.7922 was down 3.89% compared to the 2023 peak of 65.3320, 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 313,961 NAD

2023 Average 301,016 NAD

Yearly Trough Low 281,353 NAD

Transaction Impact: A difference of 32,608.56 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

62.0719

56.9323

JanuMarcMayJulySeptNove

KWD to NAD 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 60.8934, compared to 58.5550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3384 points.

H1 Avg (Jan–Jun) 60.8934

H2 Avg (Jul–Dec) 58.5550

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 3.7890 NAD (High: 62.0912 / Low: 58.3022). On the other end, October was the most stable month, with a tight range of 1.2229 NAD (High: 57.8204 / Low: 56.5975).

June Spread (Volatile) ±3.7890

October Spread (Stable) ±1.2229

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 1.4976 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 61.6436) against the same month in 2023 (average: 58.4209), the exchange rate shifted by +3.2227 (+5.52%).

2024 Avg (February) 61.6436

2023 Avg (February) 58.4209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	62.3065	60.1654	61.0791
February	62.7922	60.4185	61.6436
March	62.1434	60.5009	61.3279
April	62.3403	60.1683	61.3481
May	60.4714	58.9445	59.8506
June	62.0912	58.3022	60.1110
July	60.3601	58.7729	59.6264
August	60.7788	57.7881	59.0200
September	58.8258	56.2705	57.7213
October	57.8204	56.5975	57.3606
November	59.4107	56.9119	58.3715
December	61.1756	57.3993	59.2300