2021 KWD to ZAR Historical Review

YEARLY HIGH

53.7509 ZAR

YEARLY LOW

44.6492 ZAR

YEARLY AVERAGE

49.0116 ZAR

2021 KWD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 53.7509. Conversely, the yearly low was recorded on June 6, dropping to 44.6492.

This high-to-low spread represents a total annual volatility of 9.1018 ZAR. From a start-to-finish perspective, comparing the January average rate of 49.8587 to the December average rate of 52.4473, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 53.7509 was down 13.24% compared to the 2020 peak of 61.9525, 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 268,755 ZAR

2020 Average 268,318 ZAR

Yearly Trough Low 223,246 ZAR

Transaction Impact: A difference of 45,508.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.0655

45.6474

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 48.1728, compared to 49.8503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6775 points.

H1 Avg (Jan–Jun) 48.1728

H2 Avg (Jul–Dec) 49.8503

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 4.3082 ZAR (High: 53.7509 / Low: 49.4427). On the other end, April was the most stable month, with a tight range of 1.5703 ZAR (High: 48.5467 / Low: 46.9764).

November Spread (Volatile) ±4.3082

April Spread (Stable) ±1.5703

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 March and April, when the average rate fell by 1.7181 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.7181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 51.4661) against the same month in 2020 (average: 50.7848), the exchange rate shifted by +0.6813 (+1.34%).

2021 Avg (November) 51.4661

2020 Avg (November) 50.7848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.1015	48.1826	49.8587
February	49.9128	47.7628	48.7969
March	51.2802	48.4911	49.5595
April	48.5467	46.9764	47.8414
May	48.1330	45.6242	46.7148
June	47.6642	44.6492	46.2656
July	49.3293	47.1146	48.2139
August	50.9111	47.6738	49.1855
September	50.3072	47.0592	48.4609
October	50.5342	47.7863	49.3282
November	53.7509	49.4427	51.4661
December	53.3100	51.3415	52.4473