2024 RON to KWD Historical Review

YEARLY HIGH

0.0687 KWD

YEARLY LOW

0.0641 KWD

YEARLY AVERAGE

0.0667 KWD

2024 RON to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0687. Conversely, the yearly low was recorded on December 18, dropping to 0.0641.

This high-to-low spread represents a total annual volatility of 0.0046 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0674 to the December average rate of 0.0648, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0687 was down 1.45% compared to the 2023 peak of 0.0697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343 KWD

2023 Average 336 KWD

Yearly Trough Low 320 KWD

Transaction Impact: A difference of 23.10 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0685

0.0644

JanuMarcMayJulySeptNove

RON 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 0.0668, compared to 0.0667 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) 0.0668

H2 Avg (Jul–Dec) 0.0667

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0029 KWD (High: 0.0673 / Low: 0.0644). On the other end, May was the most stable month, with a tight range of 0.0009 KWD (High: 0.0672 / Low: 0.0663).

November Spread (Volatile) ±0.0029

May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0677) against the same month in 2023 (average: 0.0680), the exchange rate shifted by -0.0003 (-0.45%).

2024 Avg (August) 0.0677

2023 Avg (August) 0.0680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0683	0.0668	0.0674
February	0.0673	0.0663	0.0668
March	0.0677	0.0667	0.0672
April	0.0672	0.0658	0.0664
May	0.0672	0.0663	0.0667
June	0.0672	0.0658	0.0663
July	0.0672	0.0661	0.0667
August	0.0687	0.0663	0.0677
September	0.0686	0.0677	0.0682
October	0.0679	0.0664	0.0671
November	0.0673	0.0644	0.0656
December	0.0654	0.0641	0.0648