2024 PEN to KWD Historical Review

YEARLY HIGH

0.0837 KWD

YEARLY LOW

0.0795 KWD

YEARLY AVERAGE

0.0818 KWD

2024 PEN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0837. Conversely, the yearly low was recorded on February 14, dropping to 0.0795.

This high-to-low spread represents a total annual volatility of 0.0043 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0824 to the December average rate of 0.0825, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0837 was down 2.77% compared to the 2023 peak of 0.0861, 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 419 KWD

2023 Average 411 KWD

Yearly Trough Low 397 KWD

Transaction Impact: A difference of 21.46 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0831

0.0802

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 0.0820, compared to 0.0816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0820

H2 Avg (Jul–Dec) 0.0816

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0027 KWD (High: 0.0833 / Low: 0.0807). On the other end, August was the most stable month, with a tight range of 0.0010 KWD (High: 0.0823 / Low: 0.0813).

January Spread (Volatile) ±0.0027

August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0828) against the same month in 2023 (average: 0.0812), the exchange rate shifted by +0.0016 (+1.97%).

2024 Avg (March) 0.0828

2023 Avg (March) 0.0812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0833	0.0807	0.0824
February	0.0814	0.0795	0.0804
March	0.0837	0.0813	0.0828
April	0.0837	0.0817	0.0829
May	0.0833	0.0817	0.0823
June	0.0822	0.0800	0.0810
July	0.0823	0.0797	0.0813
August	0.0823	0.0813	0.0818
September	0.0822	0.0800	0.0810
October	0.0824	0.0812	0.0817
November	0.0822	0.0807	0.0812
December	0.0830	0.0819	0.0825