2024 KWD to SBD Historical Review

YEARLY HIGH

28.4758 SBD

YEARLY LOW

26.9509 SBD

YEARLY AVERAGE

27.4505 SBD

2024 KWD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 28.4758. Conversely, the yearly low was recorded on October 14, dropping to 26.9509.

This high-to-low spread represents a total annual volatility of 1.5249 SBD. From a start-to-finish perspective, comparing the January average rate of 27.3786 to the December average rate of 27.2300, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.4758 was up 3.03% compared to the 2023 peak of 27.6393, 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 142,379 SBD

2023 Average 135,787 SBD

Yearly Trough Low 134,754 SBD

Transaction Impact: A difference of 7,624.52 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.8137

27.0487

JanuMarcMayJulySeptNove

KWD to SBD 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 27.5237, compared to 27.3772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1465 points.

H1 Avg (Jan–Jun) 27.5237

H2 Avg (Jul–Dec) 27.3772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1285 SBD (High: 28.4758 / Low: 27.3473). On the other end, December was the most stable month, with a tight range of 0.1914 SBD (High: 27.3027 / Low: 27.1114).

March Spread (Volatile) ±1.1285

December Spread (Stable) ±0.1914

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4244 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 27.5378) against the same month in 2023 (average: 26.8462), the exchange rate shifted by +0.6916 (+2.58%).

2024 Avg (March) 27.5378

2023 Avg (March) 26.8462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.5089	27.1404	27.3786
February	27.6585	27.3283	27.4630
March	28.4758	27.3473	27.5378
April	27.7477	27.3724	27.5387
May	27.7331	27.5250	27.6232
June	27.7287	27.5100	27.6009
July	27.7269	27.4995	27.6273
August	27.9842	27.5431	27.7499
September	27.7441	27.1582	27.3256
October	27.2743	26.9509	27.1124
November	27.3063	27.0997	27.2181
December	27.3027	27.1114	27.2300