YEARLY HIGH
0.0841 KWD
YEARLY LOW
0.0728 KWD
YEARLY AVERAGE
0.0779 KWD

2021 PEN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0841. Conversely, the yearly low was recorded on October 2, dropping to 0.0728.

This high-to-low spread represents a total annual volatility of 0.0113 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0749, the exchange rate registered a net change of -10.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0841 was down 9.52% compared to the 2020 peak of 0.0930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 421 KWD
2020 Average 439 KWD
Yearly Trough Low 364 KWD
Transaction Impact: A difference of 56.33 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0846
0.0722
JanuMarcMayJulySeptNove

PEN 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 0.0811, compared to 0.0748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0811
H2 Avg (Jul–Dec) 0.0748

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0052 KWD (High: 0.0840 / Low: 0.0788). On the other end, February was the most stable month, with a tight range of 0.0006 KWD (High: 0.0833 / Low: 0.0827).

April Spread (Volatile) ±0.0052
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0836) against the same month in 2020 (average: 0.0913), the exchange rate shifted by -0.0077 (-8.41%).

2021 Avg (January) 0.0836
2020 Avg (January) 0.0913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0841 0.0830 0.0836
February 0.0833 0.0827 0.0830
March 0.0828 0.0804 0.0816
April 0.0840 0.0788 0.0817
May 0.0823 0.0781 0.0798
June 0.0787 0.0756 0.0769
July 0.0779 0.0757 0.0764
August 0.0766 0.0731 0.0738
September 0.0736 0.0730 0.0732
October 0.0770 0.0728 0.0751
November 0.0757 0.0744 0.0752
December 0.0763 0.0741 0.0749