YEARLY HIGH
1293.9951 NGN
YEARLY LOW
1154.1980 NGN
YEARLY AVERAGE
1239.4790 NGN

2020 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 1293.9951. Conversely, the yearly low was recorded on March 25, dropping to 1154.1980.

This high-to-low spread represents a total annual volatility of 139.7970 NGN. From a start-to-finish perspective, comparing the January average rate of 1193.6485 to the December average rate of 1259.1183, the exchange rate registered a net change of 5.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1293.9951 was up 7.24% compared to the 2019 peak of 1206.5943, 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 6,469,975 NGN
2019 Average 5,924,670 NGN
Yearly Trough Low 5,770,990 NGN
Transaction Impact: A difference of 698,985.21 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1268.5361
1186.3489
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 1223.3838, compared to 1255.5743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.1905 points.

H1 Avg (Jan–Jun) 1223.3838
H2 Avg (Jul–Dec) 1255.5743

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 96.5078 NGN (High: 1250.7059 / Low: 1154.1980). On the other end, June was the most stable month, with a tight range of 7.8178 NGN (High: 1262.0923 / Low: 1254.2746).

March Spread (Volatile) ±96.5078
June Spread (Stable) ±7.8178

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 5.9054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.9054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1259.1183) against the same month in 2019 (average: 1194.4135), the exchange rate shifted by +64.7048 (+5.42%).

2020 Avg (December) 1259.1183
2019 Avg (December) 1194.4135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1205.1938 1190.2510 1193.6485
February 1198.2274 1185.1807 1193.1978
March 1250.7059 1154.1980 1198.9312
April 1261.2135 1179.8898 1236.7399
May 1264.1550 1250.1690 1259.3989
June 1262.0923 1254.2746 1258.3864
July 1271.1985 1256.9846 1261.6871
August 1270.1560 1238.2270 1259.9773
September 1266.2081 1241.5935 1254.0719
October 1259.6306 1244.4734 1248.8074
November 1255.2036 1244.2698 1249.7840
December 1293.9951 1242.6530 1259.1183