2024 SGD to KWD Historical Review

YEARLY HIGH

0.2383 KWD

YEARLY LOW

0.2256 KWD

YEARLY AVERAGE

0.2296 KWD

2024 SGD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2383. Conversely, the yearly low was recorded on December 31, dropping to 0.2256.

This high-to-low spread represents a total annual volatility of 0.0127 KWD. From a start-to-finish perspective, comparing the January average rate of 0.2302 to the December average rate of 0.2278, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2383 was up 2.03% compared to the 2023 peak of 0.2336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,192 KWD

2023 Average 1,144 KWD

Yearly Trough Low 1,128 KWD

Transaction Impact: A difference of 63.66 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2365

0.2258

JanuMarcMayJulySeptNove

SGD 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 0.2282, compared to 0.2311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.2282

H2 Avg (Jul–Dec) 0.2311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0061 KWD (High: 0.2348 / Low: 0.2286). On the other end, June was the most stable month, with a tight range of 0.0021 KWD (High: 0.2278 / Low: 0.2257).

August Spread (Volatile) ±0.0061

June Spread (Stable) ±0.0021

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 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2356) against the same month in 2023 (average: 0.2264), the exchange rate shifted by +0.0091 (+4.03%).

2024 Avg (September) 0.2356

2023 Avg (September) 0.2264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2332	0.2290	0.2302
February	0.2301	0.2273	0.2288
March	0.2309	0.2276	0.2292
April	0.2286	0.2257	0.2268
May	0.2286	0.2265	0.2274
June	0.2278	0.2257	0.2267
July	0.2287	0.2257	0.2273
August	0.2348	0.2286	0.2323
September	0.2383	0.2338	0.2356
October	0.2372	0.2314	0.2338
November	0.2331	0.2282	0.2299
December	0.2296	0.2256	0.2278