2024 KWD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1977.7206. Conversely, the yearly low was recorded on May 1, dropping to 1851.1909.
This high-to-low spread represents a total annual volatility of 126.5298 SDG. From a start-to-finish perspective, comparing the January average rate of 1954.0466 to the December average rate of 1954.6893, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1977.7206 was up 0.50% compared to the 2023 peak of 1967.8020, 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 SDG 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 1938.0480, compared to 1959.9772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.9292 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 109.7534 SDG (High: 1960.9443 / Low: 1851.1909). On the other end, January was the most stable month, with a tight range of 4.8802 SDG (High: 1956.6796 / Low: 1951.7993).
Growth Streaks & Declines
TrendsBetween June and September, 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 March and April, when the average rate fell by 26.3896 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 1968.5499) against the same month in 2023 (average: 1952.6997), the exchange rate shifted by +15.8502 (+0.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1956.6796 | 1951.7993 | 1954.0466 |
| February | 1958.7968 | 1947.6328 | 1952.2587 |
| March | 1957.2085 | 1905.0406 | 1931.2346 |
| April | 1947.4307 | 1900.2899 | 1904.8450 |
| May | 1960.9443 | 1851.1909 | 1949.9993 |
| June | 1962.9874 | 1907.3099 | 1935.9037 |
| July | 1968.6392 | 1915.8967 | 1944.6125 |
| August | 1977.7206 | 1963.9021 | 1968.5499 |
| September | 1974.0016 | 1968.1626 | 1970.7021 |
| October | 1968.8132 | 1961.1679 | 1963.1181 |
| November | 1970.2062 | 1953.8165 | 1958.1912 |
| December | 1958.9069 | 1950.1046 | 1954.6893 |