2019 KWD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 KWD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1206.5943. Conversely, the yearly low was recorded on June 5, dropping to 1006.9562.
This high-to-low spread represents a total annual volatility of 199.6381 NGN. From a start-to-finish perspective, comparing the January average rate of 1198.7770 to the December average rate of 1194.4135, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1206.5943 was down 0.06% compared to the 2018 peak of 1207.3054, 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 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1181.0644, compared to 1188.7370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6726 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 186.6625 NGN (High: 1196.2527 / Low: 1009.5902). On the other end, November was the most stable month, with a tight range of 4.6411 NGN (High: 1194.6963 / Low: 1190.0552).
Growth Streaks & Declines
TrendsBetween August and December, 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 May and June, when the average rate fell by 39.6261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 1198.7770) against the same month in 2018 (average: 1197.7046), the exchange rate shifted by +1.0724 (+0.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1206.5943 | 1192.5955 | 1198.7770 |
| February | 1195.9939 | 1188.2223 | 1190.7573 |
| March | 1190.8025 | 1180.3270 | 1185.4428 |
| April | 1188.2314 | 1177.4449 | 1183.3268 |
| May | 1189.1959 | 1180.6998 | 1183.8544 |
| June | 1188.5270 | 1006.9562 | 1144.2283 |
| July | 1192.4137 | 1180.4960 | 1184.5362 |
| August | 1196.2527 | 1009.5902 | 1180.5257 |
| September | 1195.0814 | 1181.0382 | 1189.8459 |
| October | 1194.2588 | 1186.9967 | 1190.6481 |
| November | 1194.6963 | 1190.0552 | 1192.4526 |
| December | 1198.3358 | 1190.1274 | 1194.4135 |