2024 KWD to PEN Historical Review

YEARLY HIGH

12.5855 PEN

YEARLY LOW

11.9405 PEN

YEARLY AVERAGE

12.2305 PEN

2024 KWD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 12.5855. Conversely, the yearly low was recorded on March 23, dropping to 11.9405.

This high-to-low spread represents a total annual volatility of 0.6450 PEN. From a start-to-finish perspective, comparing the January average rate of 12.1316 to the December average rate of 12.1268, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5855 was down 1.56% compared to the 2023 peak of 12.7846, 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 62,928 PEN

2023 Average 60,847 PEN

Yearly Trough Low 59,703 PEN

Transaction Impact: A difference of 3,224.88 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.4760

12.0311

JanuMarcMayJulySeptNove

KWD to PEN 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 12.2016, compared to 12.2594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0578 points.

H1 Avg (Jan–Jun) 12.2016

H2 Avg (Jul–Dec) 12.2594

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.3974 PEN (High: 12.3963 / Low: 11.9989). On the other end, August was the most stable month, with a tight range of 0.1536 PEN (High: 12.3049 / Low: 12.1514).

January Spread (Volatile) ±0.3974

August Spread (Stable) ±0.1536

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3551 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 12.4389) against the same month in 2023 (average: 12.5393), the exchange rate shifted by -0.1004 (-0.80%).

2024 Avg (February) 12.4389

2023 Avg (February) 12.5393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3963	11.9989	12.1316
February	12.5855	12.2894	12.4389
March	12.2963	11.9405	12.0838
April	12.2332	11.9407	12.0682
May	12.2460	12.0008	12.1472
June	12.5014	12.1694	12.3398
July	12.5444	12.1563	12.3062
August	12.3049	12.1514	12.2236
September	12.4968	12.1707	12.3497
October	12.3097	12.1316	12.2416
November	12.3970	12.1651	12.3086
December	12.2098	12.0500	12.1268