2016 KWD to SEK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to SEK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 30.6501. Conversely, the yearly low was recorded on May 2, dropping to 26.5094.
This high-to-low spread represents a total annual volatility of 4.1407 SEK. From a start-to-finish perspective, comparing the January average rate of 28.0878 to the December average rate of 30.1553, the exchange rate registered a net change of 7.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 30.6501 was up 5.01% compared to the 2015 peak of 29.1880, 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 2016.
KWD to SEK 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 27.6299, compared to 29.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3835 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.7082 SEK (High: 28.6508 / Low: 26.9426). On the other end, April was the most stable month, with a tight range of 0.4116 SEK (High: 27.0641 / Low: 26.6525).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 0.7763 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 30.1553) against the same month in 2015 (average: 27.9695), the exchange rate shifted by +2.1858 (+7.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.2639 | 27.7925 | 28.0878 |
| February | 28.4908 | 28.0058 | 28.2507 |
| March | 28.6508 | 26.9426 | 27.7098 |
| April | 27.0641 | 26.6525 | 26.9335 |
| May | 27.6267 | 26.5094 | 27.2773 |
| June | 28.2717 | 26.9366 | 27.5200 |
| July | 28.6224 | 27.9319 | 28.3491 |
| August | 28.4631 | 27.7629 | 28.0954 |
| September | 28.4906 | 28.0266 | 28.3243 |
| October | 29.8406 | 28.4432 | 29.1074 |
| November | 30.4623 | 29.5465 | 30.0486 |
| December | 30.6501 | 29.6393 | 30.1553 |