2024 KWD to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |