YEARLY HIGH
0.0178 KWD
YEARLY LOW
0.0167 KWD
YEARLY AVERAGE
0.0173 KWD

2024 MDL to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0178. Conversely, the yearly low was recorded on December 28, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0011 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0168, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0178 was up 0.01% compared to the 2023 peak of 0.0178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 89 KWD
2023 Average 85 KWD
Yearly Trough Low 83 KWD
Transaction Impact: A difference of 5.43 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0176
0.0167
JanuMarcMayJulySeptNove

MDL to KWD 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 0.0174, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0006 KWD (High: 0.0176 / Low: 0.0170). On the other end, May was the most stable month, with a tight range of 0.0002 KWD (High: 0.0175 / Low: 0.0173).

October Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0175) against the same month in 2023 (average: 0.0161), the exchange rate shifted by +0.0014 (+8.48%).

2024 Avg (January) 0.0175
2023 Avg (January) 0.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0178 0.0173 0.0175
February 0.0174 0.0172 0.0173
March 0.0175 0.0173 0.0174
April 0.0175 0.0172 0.0174
May 0.0175 0.0173 0.0174
June 0.0175 0.0171 0.0173
July 0.0174 0.0172 0.0173
August 0.0177 0.0172 0.0175
September 0.0177 0.0175 0.0176
October 0.0176 0.0170 0.0173
November 0.0173 0.0168 0.0170
December 0.0169 0.0167 0.0168