YEARLY HIGH
1206.5943 NGN
YEARLY LOW
1006.9562 NGN
YEARLY AVERAGE
1184.9007 NGN

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KWD based on timing:

Yearly Peak High 6,032,972 NGN
2018 Average 5,980,697 NGN
Yearly Trough Low 5,034,781 NGN
Transaction Impact: A difference of 998,190.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1204.2318
1138.7735
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 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.

H1 Avg (Jan–Jun) 1181.0644
H2 Avg (Jul–Dec) 1188.7370

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±186.6625
November Spread (Stable) ±4.6411

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -39.6261

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 1198.7770
2018 Avg (January) 1197.7046

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