2024 KWD to TRY Historical Review

YEARLY HIGH

114.7169 TRY

YEARLY LOW

95.9993 TRY

YEARLY AVERAGE

107.1704 TRY

2024 KWD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 114.7169. Conversely, the yearly low was recorded on January 1, dropping to 95.9993.

This high-to-low spread represents a total annual volatility of 18.7176 TRY. From a start-to-finish perspective, comparing the January average rate of 97.8406 to the December average rate of 113.7500, the exchange rate registered a net change of 16.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 114.7169 was up 19.28% compared to the 2023 peak of 96.1741, 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 573,584 TRY

2023 Average 387,422 TRY

Yearly Trough Low 479,997 TRY

Transaction Impact: A difference of 93,587.78 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

115.3410

96.2496

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 103.1195, compared to 111.2213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.1018 points.

H1 Avg (Jan–Jun) 103.1195

H2 Avg (Jul–Dec) 111.2213

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.5389 TRY (High: 105.5204 / Low: 101.9815). On the other end, October was the most stable month, with a tight range of 0.5823 TRY (High: 111.9946 / Low: 111.4123).

March Spread (Volatile) ±3.5389

October Spread (Stable) ±0.5823

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0562 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 113.7500) against the same month in 2023 (average: 94.5200), the exchange rate shifted by +19.2300 (+20.34%).

2024 Avg (December) 113.7500

2023 Avg (December) 94.5200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	98.7402	95.9993	97.8406
February	101.6926	99.0115	100.0892
March	105.5204	101.9815	104.2876
April	105.9211	103.8737	105.1088
May	105.5278	104.6221	105.0527
June	107.4747	105.0039	106.3381
July	108.5975	106.2163	107.6443
August	111.8260	108.5326	110.2950
September	112.0857	111.0000	111.6108
October	111.9946	111.4123	111.8178
November	112.8600	111.4671	112.2097
December	114.7169	112.9636	113.7500