2020 KWD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 KWD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the KWD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 46.5519. Conversely, the yearly low was recorded on March 25, dropping to 23.6404.
This high-to-low spread represents a total annual volatility of 22.9115 SRD. From a start-to-finish perspective, comparing the January average rate of 24.5738 to the December average rate of 46.4258, the exchange rate registered a net change of 88.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 46.5519 was up 88.96% compared to the 2019 peak of 24.6363, 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 2020.
KWD to SRD 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 24.2444, compared to 36.4346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.1902 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 21.9082 SRD (High: 46.2743 / Low: 24.3660). On the other end, June was the most stable month, with a tight range of 0.0639 SRD (High: 24.2595 / Low: 24.1956).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3241 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 46.4258) against the same month in 2019 (average: 24.5663), the exchange rate shifted by +21.8595 (+88.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.6126 | 24.5329 | 24.5738 |
| February | 24.5439 | 24.3302 | 24.4454 |
| March | 24.4495 | 23.6404 | 24.1213 |
| April | 24.1183 | 23.8274 | 23.9641 |
| May | 24.1998 | 24.1042 | 24.1374 |
| June | 24.2595 | 24.1956 | 24.2243 |
| July | 24.4142 | 24.2175 | 24.2750 |
| August | 24.4273 | 24.3624 | 24.3948 |
| September | 46.2743 | 24.3660 | 30.9352 |
| October | 46.3380 | 46.1938 | 46.2670 |
| November | 46.3461 | 46.2131 | 46.3098 |
| December | 46.5519 | 46.3423 | 46.4258 |