YEARLY HIGH
2058.1652 XAF
YEARLY LOW
1917.3516 XAF
YEARLY AVERAGE
1975.7887 XAF

2024 KWD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2058.1652. Conversely, the yearly low was recorded on August 23, dropping to 1917.3516.

This high-to-low spread represents a total annual volatility of 140.8136 XAF. From a start-to-finish perspective, comparing the January average rate of 1954.8235 to the December average rate of 2035.6135, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2058.1652 was up 1.24% compared to the 2023 peak of 2032.8702, 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 10,290,826 XAF
2023 Average 9,862,278 XAF
Yearly Trough Low 9,586,758 XAF
Transaction Impact: A difference of 704,067.89 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2045.7371
1924.2534
JanuMarcMayJulySeptNove

KWD to XAF 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 1973.6632, compared to 1977.9142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2510 points.

H1 Avg (Jan–Jun) 1973.6632
H2 Avg (Jul–Dec) 1977.9142

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 87.1476 XAF (High: 2046.0666 / Low: 1958.9190). On the other end, February was the most stable month, with a tight range of 25.9767 XAF (High: 1987.5061 / Low: 1961.5294).

November Spread (Volatile) ±87.1476
February Spread (Stable) ±25.9767

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 28.5025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -28.5025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2035.6135) against the same month in 2023 (average: 1950.6017), the exchange rate shifted by +85.0118 (+4.36%).

2024 Avg (December) 2035.6135
2023 Avg (December) 1950.6017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1974.2482 1930.8220 1954.8235
February 1987.5061 1961.5294 1974.2300
March 1976.3170 1949.4478 1962.7234
April 2004.9109 1964.3112 1987.1744
May 1987.1321 1960.9378 1974.8369
June 2002.1995 1962.1511 1988.1909
July 1993.2416 1962.7646 1975.9627
August 1989.8441 1917.3516 1947.4602
September 1949.3987 1920.9509 1934.3770
October 1984.6030 1940.5022 1964.6366
November 2046.0666 1958.9190 2009.4351
December 2058.1652 2015.7861 2035.6135