YEARLY HIGH
0.1368 KWD
YEARLY LOW
0.1296 KWD
YEARLY AVERAGE
0.1333 KWD

2020 TOP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.1368. Conversely, the yearly low was recorded on March 22, dropping to 0.1296.

This high-to-low spread represents a total annual volatility of 0.0072 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1321 to the December average rate of 0.1335, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1368 was down 0.77% compared to the 2019 peak of 0.1379, 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 684 KWD
2019 Average 663 KWD
Yearly Trough Low 648 KWD
Transaction Impact: A difference of 36.20 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1360
0.1313
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 0.1330, compared to 0.1335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1330
H2 Avg (Jul–Dec) 0.1335

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0043 KWD (High: 0.1339 / Low: 0.1296). On the other end, July was the most stable month, with a tight range of 0.0009 KWD (High: 0.1352 / Low: 0.1343).

March Spread (Volatile) ±0.0043
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, 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 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 0.1356) against the same month in 2019 (average: 0.1328), the exchange rate shifted by +0.0028 (+2.09%).

2020 Avg (June) 0.1356
2019 Avg (June) 0.1328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1329 0.1312 0.1321
February 0.1323 0.1310 0.1317
March 0.1339 0.1296 0.1317
April 0.1344 0.1319 0.1332
May 0.1348 0.1329 0.1339
June 0.1368 0.1342 0.1356
July 0.1352 0.1343 0.1348
August 0.1347 0.1336 0.1341
September 0.1352 0.1323 0.1339
October 0.1330 0.1314 0.1322
November 0.1335 0.1313 0.1328
December 0.1340 0.1330 0.1335