2014 KWD to TOP Historical Review

YEARLY HIGH

6.8929 TOP

YEARLY LOW

6.3811 TOP

YEARLY AVERAGE

6.6279 TOP

2014 KWD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KWD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 6.8929. Conversely, the yearly low was recorded on July 13, dropping to 6.3811.

This high-to-low spread represents a total annual volatility of 0.5118 TOP. From a start-to-finish perspective, comparing the January average rate of 6.5889 to the December average rate of 6.7193, the exchange rate registered a net change of 1.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 6.8929 was up 3.45% compared to the 2013 peak of 6.6631, 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 34,465 TOP

2013 Average 31,568 TOP

Yearly Trough Low 31,905 TOP

Transaction Impact: A difference of 2,559.18 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.8652

6.4739

JanuMarcMayJulySeptNove

KWD to TOP 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 6.5799, compared to 6.6759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0960 points.

H1 Avg (Jan–Jun) 6.5799

H2 Avg (Jul–Dec) 6.6759

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.3122 TOP (High: 6.7837 / Low: 6.4715). On the other end, June was the most stable month, with a tight range of 0.0906 TOP (High: 6.6416 / Low: 6.5510).

September Spread (Volatile) ±0.3122

June Spread (Stable) ±0.0906

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.1133 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 6.8326) against the same month in 2013 (average: 6.4091), the exchange rate shifted by +0.4235 (+6.61%).

2014 Avg (November) 6.8326

2013 Avg (November) 6.4091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6514	6.5387	6.5889
February	6.6629	6.5681	6.6258
March	6.6320	6.4780	6.5917
April	6.6168	6.4141	6.5065
May	6.6283	6.4696	6.5806
June	6.6416	6.5510	6.5862
July	6.5794	6.3811	6.5243
August	6.6526	6.4289	6.5477
September	6.7837	6.4715	6.6447
October	6.8513	6.7267	6.7868
November	6.8929	6.7189	6.8326
December	6.7919	6.6715	6.7193