2024 KWD to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 823.1463. Conversely, the yearly low was recorded on February 21, dropping to 808.5901.
This high-to-low spread represents a total annual volatility of 14.5562 YER. From a start-to-finish perspective, comparing the January average rate of 813.9489 to the December average rate of 812.6530, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 823.1463 was down 0.49% compared to the 2023 peak of 827.2109, 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 2024.
KWD to YER 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 814.3323, compared to 816.8901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5578 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 8.2025 YER (High: 820.0187 / Low: 811.8162). On the other end, January was the most stable month, with a tight range of 2.2374 YER (High: 815.1475 / Low: 812.9101).
Growth Streaks & Declines
TrendsBetween April and September, 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 October and November, when the average rate fell by 3.4348 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 819.3000) against the same month in 2023 (average: 812.8165), the exchange rate shifted by +6.4835 (+0.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 815.1475 | 812.9101 | 813.9489 |
| February | 816.0294 | 808.5901 | 813.1591 |
| March | 815.6718 | 813.2717 | 814.3595 |
| April | 814.4892 | 811.6362 | 813.1789 |
| May | 816.1658 | 812.3498 | 814.6773 |
| June | 817.8571 | 815.0822 | 816.6700 |
| July | 819.6653 | 816.7762 | 818.5565 |
| August | 823.1463 | 817.5579 | 819.3000 |
| September | 821.5161 | 819.1681 | 820.1624 |
| October | 819.3570 | 816.2948 | 817.0519 |
| November | 820.0187 | 811.8162 | 813.6171 |
| December | 815.3670 | 810.0380 | 812.6530 |