2022 KWD to NGN Historical Review

YEARLY HIGH

1467.0224 NGN

YEARLY LOW

1346.7725 NGN

YEARLY AVERAGE

1382.8834 NGN

2022 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1467.0224. Conversely, the yearly low was recorded on May 3, dropping to 1346.7725.

This high-to-low spread represents a total annual volatility of 120.2500 NGN. From a start-to-finish perspective, comparing the January average rate of 1367.8823 to the December average rate of 1453.0385, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1467.0224 was up 6.84% compared to the 2021 peak of 1373.0898, 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 7,335,112 NGN

2021 Average 6,684,549 NGN

Yearly Trough Low 6,733,862 NGN

Transaction Impact: A difference of 601,249.79 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1462.8735

1344.8545

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 1364.2861, compared to 1401.4807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.1946 points.

H1 Avg (Jan–Jun) 1364.2861

H2 Avg (Jul–Dec) 1401.4807

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 44.6754 NGN (High: 1410.3539 / Low: 1365.6785). On the other end, May was the most stable month, with a tight range of 11.8872 NGN (High: 1358.6597 / Low: 1346.7725).

September Spread (Volatile) ±44.6754

May Spread (Stable) ±11.8872

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.1272 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -8.1272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1453.0385) against the same month in 2021 (average: 1358.2219), the exchange rate shifted by +94.8166 (+6.98%).

2022 Avg (December) 1453.0385

2021 Avg (December) 1358.2219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1375.3076	1357.8803	1367.8823
February	1384.9809	1367.1168	1375.5844
March	1378.9868	1365.2860	1369.7311
April	1371.4161	1352.8939	1361.6039
May	1358.6597	1346.7725	1354.6894
June	1367.3465	1352.1430	1356.2253
July	1380.0728	1347.9882	1361.9514
August	1386.8400	1353.8362	1370.2994
September	1410.3539	1365.6785	1385.9511
October	1419.9391	1394.5267	1404.9294
November	1444.1195	1411.5558	1432.7144
December	1467.0224	1445.1079	1453.0385