2024 KWD to RON Historical Review

YEARLY HIGH

15.6085 RON

YEARLY LOW

14.5588 RON

YEARLY AVERAGE

14.9869 RON

2024 KWD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 15.6085. Conversely, the yearly low was recorded on August 23, dropping to 14.5588.

This high-to-low spread represents a total annual volatility of 1.0497 RON. From a start-to-finish perspective, comparing the January average rate of 14.8269 to the December average rate of 15.4380, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6085 was up 1.56% compared to the 2023 peak of 15.3692, 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 78,042 RON

2023 Average 74,418 RON

Yearly Trough Low 72,794 RON

Transaction Impact: A difference of 5,248.54 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.5146

14.5956

JanuMarcMayJulySeptNove

KWD to RON 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 14.9693, compared to 15.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 14.9693

H2 Avg (Jul–Dec) 15.0045

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6735 RON (High: 15.5305 / Low: 14.8570). On the other end, May was the most stable month, with a tight range of 0.2055 RON (High: 15.0756 / Low: 14.8701).

November Spread (Volatile) ±0.6735

May Spread (Stable) ±0.2055

Growth Streaks & Declines

Trends

Between September and December, 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 0.2043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 15.4380) against the same month in 2023 (average: 14.7833), the exchange rate shifted by +0.6547 (+4.43%).

2024 Avg (December) 15.4380

2023 Avg (December) 14.7833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.9757	14.6345	14.8269
February	15.0790	14.8669	14.9737
March	14.9823	14.7702	14.8780
April	15.2066	14.8768	15.0692
May	15.0756	14.8701	14.9816
June	15.1947	14.8839	15.0865
July	15.1228	14.8731	14.9828
August	15.0921	14.5588	14.7785
September	14.7813	14.5718	14.6721
October	15.0492	14.7198	14.9031
November	15.5305	14.8570	15.2523
December	15.6085	15.2969	15.4380