YEARLY HIGH
13200.7842 MGA
YEARLY LOW
12251.9476 MGA
YEARLY AVERAGE
12769.1067 MGA

2021 KWD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 13200.7842. Conversely, the yearly low was recorded on February 8, dropping to 12251.9476.

This high-to-low spread represents a total annual volatility of 948.8366 MGA. From a start-to-finish perspective, comparing the January average rate of 12558.2374 to the December average rate of 13103.5401, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13200.7842 was up 1.56% compared to the 2020 peak of 12998.1394, 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 66,003,921 MGA
2020 Average 62,100,201 MGA
Yearly Trough Low 61,259,738 MGA
Transaction Impact: A difference of 4,744,182.89 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13235.0218
12357.4687
JanuMarcMayJulySeptNove

KWD to MGA 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 12515.6022, compared to 13022.6111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 507.0090 points.

H1 Avg (Jan–Jun) 12515.6022
H2 Avg (Jul–Dec) 13022.6111

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 531.6229 MGA (High: 12926.1098 / Low: 12394.4869). On the other end, November was the most stable month, with a tight range of 90.6591 MGA (High: 13200.7842 / Low: 13110.1251).

January Spread (Volatile) ±531.6229
November Spread (Stable) ±90.6591

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 127.6393 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -127.6393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 13161.8924) against the same month in 2020 (average: 12830.5986), the exchange rate shifted by +331.2938 (+2.58%).

2021 Avg (November) 13161.8924
2020 Avg (November) 12830.5986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12926.1098 12394.4869 12558.2374
February 12511.6660 12251.9476 12430.5981
March 12591.7647 12330.9189 12479.7937
April 12632.5850 12492.8634 12567.6139
May 12672.0531 12449.1874 12498.1286
June 12832.1329 12455.3564 12559.2413
July 13033.9661 12510.1728 12757.4913
August 13046.0201 12620.3718 12935.0307
September 13181.6894 12966.1932 13060.3050
October 13185.3687 12975.4486 13117.4074
November 13200.7842 13110.1251 13161.8924
December 13180.5633 12908.1031 13103.5401