YEARLY HIGH
27.9106 TRY
YEARLY LOW
19.2920 TRY
YEARLY AVERAGE
22.8888 TRY

2020 KWD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 27.9106. Conversely, the yearly low was recorded on January 16, dropping to 19.2920.

This high-to-low spread represents a total annual volatility of 8.6186 TRY. From a start-to-finish perspective, comparing the January average rate of 19.5227 to the December average rate of 25.2651, the exchange rate registered a net change of 29.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 27.9106 was up 37.79% compared to the 2019 peak of 20.2560, 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 139,553 TRY
2019 Average 93,514 TRY
Yearly Trough Low 96,460 TRY
Transaction Impact: A difference of 43,092.89 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

26.7177
18.8686
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 21.0834, compared to 24.6941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6106 points.

H1 Avg (Jan–Jun) 21.0834
H2 Avg (Jul–Dec) 24.6941

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 3.2397 TRY (High: 27.9106 / Low: 24.6709). On the other end, January was the most stable month, with a tight range of 0.4170 TRY (High: 19.7090 / Low: 19.2920).

November Spread (Volatile) ±3.2397
January Spread (Stable) ±0.4170

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.7985 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7985

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 26.0636) against the same month in 2019 (average: 18.8976), the exchange rate shifted by +7.1660 (+37.92%).

2020 Avg (November) 26.0636
2019 Avg (November) 18.8976

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.7090 19.2920 19.5227
February 20.4022 19.6681 19.8839
March 21.1358 19.8761 20.5232
April 22.6070 21.2539 22.0142
May 23.2864 21.8019 22.4119
June 22.3004 21.7679 22.1448
July 22.8380 22.2371 22.3654
August 24.1965 22.6554 23.8093
September 25.5314 24.1414 24.6735
October 27.3146 25.3247 25.9876
November 27.9106 24.6709 26.0636
December 25.8358 24.2043 25.2651