2016 KWD to TRY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 11.6043. Conversely, the yearly low was recorded on May 1, dropping to 9.2722.
This high-to-low spread represents a total annual volatility of 2.3321 TRY. From a start-to-finish perspective, comparing the January average rate of 9.8714 to the December average rate of 11.4661, the exchange rate registered a net change of 16.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 11.6043 was up 14.67% compared to the 2015 peak of 10.1197, 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 2016.
KWD to TRY 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 9.6808, compared to 10.3271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6463 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.0405 TRY (High: 11.3120 / Low: 10.2715). On the other end, April was the most stable month, with a tight range of 0.1995 TRY (High: 9.4798 / Low: 9.2803).
Growth Streaks & Declines
TrendsBetween August and December, 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 February and March, when the average rate fell by 0.2502 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 11.4661) against the same month in 2015 (average: 9.6226), the exchange rate shifted by +1.8436 (+19.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0292 | 9.5988 | 9.8714 |
| February | 9.9485 | 9.6831 | 9.8201 |
| March | 9.7968 | 9.3507 | 9.5699 |
| April | 9.4798 | 9.2803 | 9.3986 |
| May | 9.9058 | 9.2722 | 9.7578 |
| June | 9.7620 | 9.4967 | 9.6668 |
| July | 10.1534 | 9.5561 | 9.8342 |
| August | 9.9796 | 9.7021 | 9.8185 |
| September | 9.9483 | 9.7035 | 9.8459 |
| October | 10.2550 | 9.9549 | 10.1560 |
| November | 11.3120 | 10.2715 | 10.8419 |
| December | 11.6043 | 11.1848 | 11.4661 |