YEARLY HIGH
4.5440 SGD
YEARLY LOW
4.3394 SGD
YEARLY AVERAGE
4.4534 SGD

2021 KWD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 4.5440. Conversely, the yearly low was recorded on January 5, dropping to 4.3394.

This high-to-low spread represents a total annual volatility of 0.2046 SGD. From a start-to-finish perspective, comparing the January average rate of 4.3737 to the December average rate of 4.5032, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.5440 was down 2.96% compared to the 2020 peak of 4.6824, 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 22,720 SGD
2020 Average 22,482 SGD
Yearly Trough Low 21,697 SGD
Transaction Impact: A difference of 1,023.16 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.5176
4.3606
JanuMarcMayJulySeptNove

KWD to SGD 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 4.4132, compared to 4.4935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0803 points.

H1 Avg (Jan–Jun) 4.4132
H2 Avg (Jul–Dec) 4.4935

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0788 SGD (High: 4.5440 / Low: 4.4652). On the other end, May was the most stable month, with a tight range of 0.0491 SGD (High: 4.4406 / Low: 4.3914).

July Spread (Volatile) ±0.0788
May Spread (Stable) ±0.0491

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0247 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 4.5025) against the same month in 2020 (average: 4.5168), the exchange rate shifted by -0.0143 (-0.32%).

2021 Avg (July) 4.5025
2020 Avg (July) 4.5168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.3936 4.3394 4.3737
February 4.4115 4.3564 4.3869
March 4.4625 4.3862 4.4407
April 4.4565 4.4017 4.4280
May 4.4406 4.3914 4.4176
June 4.4713 4.3972 4.4324
July 4.5440 4.4652 4.5025
August 4.5328 4.4712 4.5045
September 4.5145 4.4606 4.4798
October 4.5056 4.4537 4.4801
November 4.5290 4.4652 4.4908
December 4.5342 4.4580 4.5032