2024 KWD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1880.8678. Conversely, the yearly low was recorded on December 21, dropping to 1849.4106.
This high-to-low spread represents a total annual volatility of 31.4572 SOS. From a start-to-finish perspective, comparing the January average rate of 1857.3045 to the December average rate of 1856.6553, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1880.8678 was down 0.27% compared to the 2023 peak of 1886.0320, 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 SOS 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 1858.5776, compared to 1865.0559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4783 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 20.8036 SOS (High: 1875.0181 / Low: 1854.2145). On the other end, July was the most stable month, with a tight range of 9.2120 SOS (High: 1870.4889 / Low: 1861.2770).
Growth Streaks & Declines
TrendsBetween April and July, 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 September and October, when the average rate fell by 6.6505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1872.2805) against the same month in 2023 (average: 1846.6545), the exchange rate shifted by +25.6260 (+1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1861.7511 | 1850.9603 | 1857.3045 |
| February | 1870.9616 | 1853.6920 | 1857.4150 |
| March | 1864.5404 | 1849.5038 | 1858.2518 |
| April | 1861.0352 | 1849.4283 | 1855.6209 |
| May | 1866.5519 | 1851.1909 | 1859.1063 |
| June | 1876.2636 | 1861.0352 | 1863.7670 |
| July | 1870.4889 | 1861.2770 | 1867.6175 |
| August | 1874.9822 | 1855.3874 | 1867.1808 |
| September | 1880.8678 | 1867.1133 | 1872.2805 |
| October | 1874.5369 | 1862.5516 | 1865.6301 |
| November | 1875.0181 | 1854.2145 | 1860.9713 |
| December | 1863.3920 | 1849.4106 | 1856.6553 |