YEARLY HIGH
0.1355 KWD
YEARLY LOW
0.1262 KWD
YEARLY AVERAGE
0.1315 KWD

2022 TOP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.1355. Conversely, the yearly low was recorded on October 18, dropping to 0.1262.

This high-to-low spread represents a total annual volatility of 0.0094 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1329 to the December average rate of 0.1306, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1355 was down 0.06% compared to the 2021 peak of 0.1356, 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 678 KWD
2021 Average 666 KWD
Yearly Trough Low 631 KWD
Transaction Impact: A difference of 46.92 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1352
0.1266
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 0.1331, compared to 0.1298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1331
H2 Avg (Jul–Dec) 0.1298

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0034 KWD (High: 0.1304 / Low: 0.1270). On the other end, January was the most stable month, with a tight range of 0.0009 KWD (High: 0.1333 / Low: 0.1324).

November Spread (Volatile) ±0.0034
January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.1345) against the same month in 2021 (average: 0.1325), the exchange rate shifted by +0.0021 (+1.55%).

2022 Avg (April) 0.1345
2021 Avg (April) 0.1325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1333 0.1324 0.1329
February 0.1342 0.1323 0.1334
March 0.1354 0.1328 0.1342
April 0.1355 0.1326 0.1345
May 0.1332 0.1308 0.1320
June 0.1333 0.1305 0.1318
July 0.1314 0.1302 0.1308
August 0.1324 0.1307 0.1314
September 0.1308 0.1275 0.1297
October 0.1284 0.1262 0.1273
November 0.1304 0.1270 0.1292
December 0.1316 0.1298 0.1306