YEARLY HIGH
28.7349 SVC
YEARLY LOW
28.3143 SVC
YEARLY AVERAGE
28.5100 SVC

2024 KWD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 28.7349. Conversely, the yearly low was recorded on April 20, dropping to 28.3143.

This high-to-low spread represents a total annual volatility of 0.4206 SVC. From a start-to-finish perspective, comparing the January average rate of 28.4444 to the December average rate of 28.4263, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.7349 was down 0.90% compared to the 2023 peak of 28.9954, 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 143,675 SVC
2023 Average 142,300 SVC
Yearly Trough Low 141,572 SVC
Transaction Impact: A difference of 2,103.07 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.6996
28.3745
JanuMarcMayJulySeptNove

KWD to SVC 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 28.4567, compared to 28.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1066 points.

H1 Avg (Jan–Jun) 28.4567
H2 Avg (Jul–Dec) 28.5633

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3078 SVC (High: 28.6367 / Low: 28.3289). On the other end, July was the most stable month, with a tight range of 0.1003 SVC (High: 28.6391 / Low: 28.5387).

November Spread (Volatile) ±0.3078
July Spread (Stable) ±0.1003

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0964 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 28.6725) against the same month in 2023 (average: 28.3353), the exchange rate shifted by +0.3372 (+1.19%).

2024 Avg (September) 28.6725
2023 Avg (September) 28.3353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.5057 28.4020 28.4444
February 28.6387 28.3814 28.4319
March 28.5471 28.3186 28.4446
April 28.4806 28.3143 28.4016
May 28.5696 28.3863 28.4760
June 28.6681 28.4653 28.5414
July 28.6391 28.5387 28.6040
August 28.7264 28.4424 28.6103
September 28.7349 28.5845 28.6725
October 28.7011 28.5217 28.5761
November 28.6367 28.3289 28.4907
December 28.5283 28.3157 28.4263