2024 KWD to NIO Historical Review

YEARLY HIGH

120.9055 NIO

YEARLY LOW

118.8815 NIO

YEARLY AVERAGE

119.8656 NIO

2024 KWD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 120.9055. Conversely, the yearly low was recorded on January 7, dropping to 118.8815.

This high-to-low spread represents a total annual volatility of 2.0240 NIO. From a start-to-finish perspective, comparing the January average rate of 119.1605 to the December average rate of 119.5410, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 120.9055 was up 0.14% compared to the 2023 peak of 120.7367, 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 604,527 NIO

2023 Average 594,718 NIO

Yearly Trough Low 594,407 NIO

Transaction Impact: A difference of 10,119.98 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

120.7224

119.0185

JanuMarcMayJulySeptNove

KWD to NIO 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 119.5990, compared to 120.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5332 points.

H1 Avg (Jan–Jun) 119.5990

H2 Avg (Jul–Dec) 120.1322

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.0747 NIO (High: 120.9055 / Low: 119.8307). On the other end, September was the most stable month, with a tight range of 0.4578 NIO (High: 120.7763 / Low: 120.3185).

August Spread (Volatile) ±1.0747

September Spread (Stable) ±0.4578

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4186 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 120.4069) against the same month in 2023 (average: 118.8017), the exchange rate shifted by +1.6053 (+1.35%).

2024 Avg (August) 120.4069

2023 Avg (August) 118.8017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	119.4656	118.8815	119.1605
February	119.9663	119.2136	119.4838
March	120.0834	119.1212	119.6359
April	119.8653	119.1395	119.5522
May	120.2151	119.1674	119.7349
June	120.4009	119.8774	120.0269
July	120.5702	120.0663	120.3254
August	120.9055	119.8307	120.4069
September	120.7763	120.3185	120.5804
October	120.7057	119.9521	120.1618
November	120.3757	119.3506	119.7776
December	119.9765	119.0797	119.5410