YEARLY HIGH
368.9085 RUB
YEARLY LOW
272.3655 RUB
YEARLY AVERAGE
302.5010 RUB

2024 KWD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 368.9085. Conversely, the yearly low was recorded on June 19, dropping to 272.3655.

This high-to-low spread represents a total annual volatility of 96.5429 RUB. From a start-to-finish perspective, comparing the January average rate of 290.4762 to the December average rate of 337.2968, the exchange rate registered a net change of 16.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 368.9085 was up 12.77% compared to the 2023 peak of 327.1478, 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 1,844,542 RUB
2023 Average 1,390,794 RUB
Yearly Trough Low 1,361,828 RUB
Transaction Impact: A difference of 482,714.65 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

342.4706
280.3849
JanuMarcMayJulySeptNove

KWD to RUB 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 295.6491, compared to 309.3529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.7038 points.

H1 Avg (Jan–Jun) 295.6491
H2 Avg (Jul–Dec) 309.3529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 55.5451 RUB (High: 368.0598 / Low: 312.5147). On the other end, April was the most stable month, with a tight range of 6.8010 RUB (High: 305.6780 / Low: 298.8770).

November Spread (Volatile) ±55.5451
April Spread (Stable) ±6.8010

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 9.1147 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -9.1147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 337.2968) against the same month in 2023 (average: 295.7632), the exchange rate shifted by +41.5336 (+14.04%).

2024 Avg (December) 337.2968
2023 Avg (December) 295.7632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 299.2021 285.4071 290.4762
February 308.0141 294.0298 298.3756
March 302.0773 295.0655 298.7837
April 305.6780 298.8770 302.0401
May 303.9691 288.7412 296.6668
June 295.3166 272.3655 287.5521
July 290.6480 277.9113 285.5587
August 301.1515 277.7730 291.2772
September 309.1332 286.5835 299.1573
October 317.9434 308.8547 314.2047
November 368.0598 312.5147 328.6228
December 368.9085 321.7583 337.2968