YEARLY HIGH
747.9771 ETB
YEARLY LOW
129.2176 ETB
YEARLY AVERAGE
146.7671 ETB

2021 KWD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 747.9771. Conversely, the yearly low was recorded on January 4, dropping to 129.2176.

This high-to-low spread represents a total annual volatility of 618.7594 ETB. From a start-to-finish perspective, comparing the January average rate of 129.9920 to the December average rate of 179.5294, the exchange rate registered a net change of 38.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 747.9771 was up 478.08% compared to the 2020 peak of 129.3900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,739,885 ETB
2020 Average 569,806 ETB
Yearly Trough Low 646,088 ETB
Transaction Impact: A difference of 3,093,797.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

184.4831
125.0383
JanuMarcMayJulySeptNove

KWD to ETB 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 136.6393, compared to 156.8948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.2555 points.

H1 Avg (Jan–Jun) 136.6393
H2 Avg (Jul–Dec) 156.8948

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 589.7581 ETB (High: 747.9771 / Low: 158.2190). On the other end, January was the most stable month, with a tight range of 1.3548 ETB (High: 130.5725 / Low: 129.2176).

December Spread (Volatile) ±589.7581
January Spread (Stable) ±1.3548

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 179.5294) against the same month in 2020 (average: 126.9547), the exchange rate shifted by +52.5747 (+41.41%).

2021 Avg (December) 179.5294
2020 Avg (December) 126.9547

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 130.5725 129.2176 129.9920
February 133.2801 130.1056 131.6145
March 136.7400 132.7781 133.9001
April 139.6412 135.7216 138.0963
May 144.7278 139.0386 141.7130
June 145.8381 143.1917 144.5200
July 147.5549 144.8510 146.4425
August 151.8360 147.0818 150.0365
September 154.5684 151.4140 153.1220
October 156.9008 153.2592 155.0698
November 159.0897 156.0611 157.1689
December 747.9771 158.2190 179.5294