YEARLY HIGH
0.1379 KWD
YEARLY LOW
0.1303 KWD
YEARLY AVERAGE
0.1327 KWD

2019 TOP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.1379. Conversely, the yearly low was recorded on October 19, dropping to 0.1303.

This high-to-low spread represents a total annual volatility of 0.0076 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1337 to the December average rate of 0.1320, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1379 was up 1.25% compared to the 2018 peak of 0.1362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 689 KWD
2018 Average 665 KWD
Yearly Trough Low 651 KWD
Transaction Impact: A difference of 38.11 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1348
0.1303
JanuMarcMayJulySeptNove

TOP 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 0.1337, compared to 0.1317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1337
H2 Avg (Jul–Dec) 0.1317

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0054 KWD (High: 0.1379 / Low: 0.1324). On the other end, March was the most stable month, with a tight range of 0.0007 KWD (High: 0.1346 / Low: 0.1339).

April Spread (Volatile) ±0.0054
March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.1341) against the same month in 2018 (average: 0.1350), the exchange rate shifted by -0.0008 (-0.62%).

2019 Avg (April) 0.1341
2018 Avg (April) 0.1350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1348 0.1321 0.1337
February 0.1350 0.1336 0.1345
March 0.1346 0.1339 0.1343
April 0.1379 0.1324 0.1341
May 0.1338 0.1322 0.1328
June 0.1333 0.1323 0.1328
July 0.1343 0.1328 0.1336
August 0.1325 0.1304 0.1315
September 0.1325 0.1304 0.1311
October 0.1312 0.1303 0.1307
November 0.1326 0.1308 0.1311
December 0.1333 0.1310 0.1320