YEARLY HIGH
50.8337 ZAR
YEARLY LOW
43.7574 ZAR
YEARLY AVERAGE
47.5422 ZAR

2019 KWD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KWD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 50.8337. Conversely, the yearly low was recorded on January 31, dropping to 43.7574.

This high-to-low spread represents a total annual volatility of 7.0763 ZAR. From a start-to-finish perspective, comparing the January average rate of 45.6362 to the December average rate of 47.4047, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 50.8337 was down 0.12% compared to the 2018 peak of 50.8933, 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 254,169 ZAR
2018 Average 219,238 ZAR
Yearly Trough Low 218,787 ZAR
Transaction Impact: A difference of 35,381.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

50.3633
45.0412
JanuMarcMayJulySeptNove

KWD to ZAR 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 46.7148, compared to 48.3696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6548 points.

H1 Avg (Jan–Jun) 46.7148
H2 Avg (Jul–Dec) 48.3696

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 4.3176 ZAR (High: 48.0749 / Low: 43.7574). On the other end, November was the most stable month, with a tight range of 1.3792 ZAR (High: 49.5478 / Low: 48.1686).

January Spread (Volatile) ±4.3176
November Spread (Stable) ±1.3792

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.7251 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 49.9198) against the same month in 2018 (average: 46.3746), the exchange rate shifted by +3.5452 (+7.64%).

2019 Avg (August) 49.9198
2018 Avg (August) 46.3746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.0749 43.7574 45.6362
February 46.5100 43.9680 45.4847
March 48.1124 46.6975 47.3762
April 47.4992 45.7077 46.4824
May 48.5811 46.5559 47.3618
June 49.4406 46.4061 47.9472
July 47.1067 45.5387 46.2222
August 50.8337 48.0135 49.9198
September 50.1930 47.9686 48.9461
October 50.3600 47.9228 49.0113
November 49.5478 48.1686 48.7132
December 48.7097 46.2105 47.4047