YEARLY HIGH
1155.1637 NGN
YEARLY LOW
652.4277 NGN
YEARLY AVERAGE
851.3494 NGN

2016 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 1155.1637. Conversely, the yearly low was recorded on January 19, dropping to 652.4277.

This high-to-low spread represents a total annual volatility of 502.7360 NGN. From a start-to-finish perspective, comparing the January average rate of 654.7740 to the December average rate of 1030.5450, the exchange rate registered a net change of 57.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1155.1637 was up 66.92% compared to the 2015 peak of 692.0593, 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 5,775,819 NGN
2015 Average 3,286,881 NGN
Yearly Trough Low 3,262,138 NGN
Transaction Impact: A difference of 2,513,680.15 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1110.6879
613.3273
JanuMarcMayJulySeptNove

KWD to NGN 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 673.6432, compared to 1029.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 355.4125 points.

H1 Avg (Jan–Jun) 673.6432
H2 Avg (Jul–Dec) 1029.0557

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 281.9390 NGN (High: 940.5993 / Low: 658.6604). On the other end, April was the most stable month, with a tight range of 1.7670 NGN (High: 660.7553 / Low: 658.9883).

June Spread (Volatile) ±281.9390
April Spread (Stable) ±1.7670

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 30.7331 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -30.7331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 1069.2412) against the same month in 2015 (average: 657.8588), the exchange rate shifted by +411.3823 (+62.53%).

2016 Avg (August) 1069.2412
2015 Avg (August) 657.8588

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 657.7073 652.4277 654.7740
February 668.1598 656.3308 663.4484
March 663.2319 658.3372 660.7168
April 660.7553 658.9883 659.7469
May 662.8039 658.2617 660.1493
June 940.5993 658.6604 743.0237
July 1058.9837 934.3972 968.6392
August 1155.1637 1033.3590 1069.2412
September 1045.6977 1030.0705 1038.5081
October 1042.4055 1022.0060 1034.7175
November 1039.4250 1026.4346 1032.6830
December 1035.4638 1001.4270 1030.5450