YEARLY HIGH
30.3432 NOK
YEARLY LOW
27.1659 NOK
YEARLY AVERAGE
28.4984 NOK

2021 KWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 30.3432. Conversely, the yearly low was recorded on April 28, dropping to 27.1659.

This high-to-low spread represents a total annual volatility of 3.1772 NOK. From a start-to-finish perspective, comparing the January average rate of 28.1064 to the December average rate of 29.6355, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.3432 was down 19.95% compared to the 2020 peak of 37.9042, 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 151,716 NOK
2020 Average 153,480 NOK
Yearly Trough Low 135,830 NOK
Transaction Impact: A difference of 15,886.12 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.8381
27.4071
JanuMarcMayJulySeptNove

KWD to NOK 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 27.9811, compared to 29.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0348 points.

H1 Avg (Jan–Jun) 27.9811
H2 Avg (Jul–Dec) 29.0158

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.0625 NOK (High: 29.9728 / Low: 27.9103). On the other end, September was the most stable month, with a tight range of 0.6131 NOK (High: 29.0800 / Low: 28.4669).

November Spread (Volatile) ±2.0625
September Spread (Stable) ±0.6131

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.7227 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 29.6355) against the same month in 2020 (average: 28.5476), the exchange rate shifted by +1.0879 (+3.81%).

2021 Avg (December) 29.6355
2020 Avg (December) 28.5476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.6171 27.6989 28.1064
February 28.5933 27.6601 28.1075
March 28.6536 27.8252 28.1975
April 28.2551 27.1659 27.8446
May 27.9378 27.2583 27.6097
June 28.7837 27.4869 28.0207
July 29.9439 28.4306 29.1571
August 30.0284 28.8433 29.4401
September 29.0800 28.4669 28.7944
October 28.6349 27.5816 28.0716
November 29.9728 27.9103 28.9963
December 30.3432 29.0163 29.6355