2024 KWD to PHP Historical Review

YEARLY HIGH

193.0153 PHP

YEARLY LOW

179.9688 PHP

YEARLY AVERAGE

186.7038 PHP

2024 KWD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 193.0153. Conversely, the yearly low was recorded on January 1, dropping to 179.9688.

This high-to-low spread represents a total annual volatility of 13.0465 PHP. From a start-to-finish perspective, comparing the January average rate of 181.9490 to the December average rate of 189.8671, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 193.0153 was up 4.23% compared to the 2023 peak of 185.1884, 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 965,076 PHP

2023 Average 904,870 PHP

Yearly Trough Low 899,844 PHP

Transaction Impact: A difference of 65,232.32 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

192.4424

180.8933

JanuMarcMayJulySeptNove

KWD to PHP 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 185.1086, compared to 188.2991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1906 points.

H1 Avg (Jan–Jun) 185.1086

H2 Avg (Jul–Dec) 188.2991

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 7.0909 PHP (High: 191.0068 / Low: 183.9160). On the other end, July was the most stable month, with a tight range of 1.4055 PHP (High: 191.8554 / Low: 190.4499).

October Spread (Volatile) ±7.0909

July Spread (Stable) ±1.4055

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 July and August, when the average rate fell by 4.7277 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.7277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 189.8671) against the same month in 2023 (average: 180.3301), the exchange rate shifted by +9.5370 (+5.29%).

2024 Avg (December) 189.8671

2023 Avg (December) 180.3301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	183.3236	179.9688	181.9490
February	183.1022	181.2797	182.0048
March	183.5705	180.1787	181.8557
April	187.7798	182.4261	185.2658
May	190.8011	185.6509	188.0962
June	192.2836	190.4094	191.4800
July	191.8554	190.4499	191.1961
August	190.8228	183.7949	186.4684
September	185.1432	182.2083	183.5911
October	191.0068	183.9160	187.5880
November	192.0687	189.9599	191.0841
December	193.0153	187.7139	189.8671