2021 KWD to NGN Historical Review

YEARLY HIGH

1373.0898 NGN

YEARLY LOW

1254.1751 NGN

YEARLY AVERAGE

1336.6304 NGN

2021 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 1373.0898. Conversely, the yearly low was recorded on February 2, dropping to 1254.1751.

This high-to-low spread represents a total annual volatility of 118.9148 NGN. From a start-to-finish perspective, comparing the January average rate of 1279.0504 to the December average rate of 1358.2219, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1373.0898 was up 6.11% compared to the 2020 peak of 1293.9951, 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 6,865,449 NGN

2020 Average 6,198,099 NGN

Yearly Trough Low 6,270,875 NGN

Transaction Impact: A difference of 594,573.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1377.2168

1270.1262

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 1309.3669, compared to 1363.8939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.5270 points.

H1 Avg (Jan–Jun) 1309.3669

H2 Avg (Jul–Dec) 1363.8939

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 110.5557 NGN (High: 1373.0898 / Low: 1262.5341). On the other end, August was the most stable month, with a tight range of 5.8065 NGN (High: 1370.3120 / Low: 1364.5055).

May Spread (Volatile) ±110.5557

August Spread (Stable) ±5.8065

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 5.3034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.3034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1343.4276) against the same month in 2020 (average: 1259.3989), the exchange rate shifted by +84.0287 (+6.67%).

2021 Avg (May) 1343.4276

2020 Avg (May) 1259.3989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1307.1883	1256.6175	1279.0504
February	1362.8655	1254.1751	1288.1951
March	1359.7808	1255.5799	1283.2058
April	1363.1751	1260.3954	1295.7263
May	1373.0898	1262.5341	1343.4276
June	1372.9743	1360.6797	1366.5964
July	1369.0658	1362.3073	1366.5688
August	1370.3120	1364.5055	1368.2926
September	1370.0977	1363.2840	1368.0826
October	1368.8326	1359.9077	1362.7791
November	1366.4419	1353.8178	1359.4183
December	1365.5268	1353.3150	1358.2219