YEARLY HIGH
1189.4761 MRO
YEARLY LOW
3.3036 MRO
YEARLY AVERAGE
1154.6879 MRO

2021 KWD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 1189.4761. Conversely, the yearly low was recorded on December 28, dropping to 3.3036.

This high-to-low spread represents a total annual volatility of 1186.1725 MRO. From a start-to-finish perspective, comparing the January average rate of 1177.3778 to the December average rate of 837.5375, the exchange rate registered a net change of -28.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1189.4761 was up 0.96% compared to the 2020 peak of 1178.1556, 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 5,947,380 MRO
2020 Average 5,819,104 MRO
Yearly Trough Low 16,518 MRO
Transaction Impact: A difference of 5,930,862.28 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1221.8649
802.5987
JanuMarcMayJulySeptNove

KWD to MRO 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 1182.3308, compared to 1127.0450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.2858 points.

H1 Avg (Jan–Jun) 1182.3308
H2 Avg (Jul–Dec) 1127.0450

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1177.5403 MRO (High: 1180.8439 / Low: 3.3036). On the other end, October was the most stable month, with a tight range of 1.7267 MRO (High: 1184.4955 / Low: 1182.7688).

December Spread (Volatile) ±1177.5403
October Spread (Stable) ±1.7267

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 343.4037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -343.4037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1186.4520) against the same month in 2020 (average: 1155.4118), the exchange rate shifted by +31.0403 (+2.69%).

2021 Avg (May) 1186.4520
2020 Avg (May) 1155.4118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1180.3520 1173.7861 1177.3778
February 1180.9885 1178.0617 1179.4827
March 1182.5807 1177.8480 1180.5983
April 1187.2174 1181.0471 1183.9732
May 1189.4761 1184.4955 1186.4520
June 1187.6795 1184.6016 1186.1008
July 1187.8297 1185.0223 1186.4956
August 1189.3136 1185.4394 1186.9261
September 1188.2131 1183.5059 1186.7132
October 1184.4955 1182.7688 1183.6564
November 1183.4353 1178.5518 1180.9412
December 1180.8439 3.3036 837.5375