2024 TOP to KWD Historical Review

YEARLY HIGH

0.1321 KWD

YEARLY LOW

0.1275 KWD

YEARLY AVERAGE

0.1295 KWD

2024 TOP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1321. Conversely, the yearly low was recorded on April 29, dropping to 0.1275.

This high-to-low spread represents a total annual volatility of 0.0046 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1306 to the December average rate of 0.1285, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1321 was down 0.07% compared to the 2023 peak of 0.1322, 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 660 KWD

2023 Average 651 KWD

Yearly Trough Low 638 KWD

Transaction Impact: A difference of 22.75 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1308

0.1283

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 0.1299, compared to 0.1292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1299

H2 Avg (Jul–Dec) 0.1292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0029 KWD (High: 0.1306 / Low: 0.1277). On the other end, December was the most stable month, with a tight range of 0.0006 KWD (High: 0.1288 / Low: 0.1282).

August Spread (Volatile) ±0.0029

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1306) against the same month in 2023 (average: 0.1312), the exchange rate shifted by -0.0006 (-0.45%).

2024 Avg (January) 0.1306

2023 Avg (January) 0.1312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1321	0.1298	0.1306
February	0.1304	0.1286	0.1300
March	0.1306	0.1292	0.1298
April	0.1299	0.1275	0.1291
May	0.1302	0.1289	0.1297
June	0.1306	0.1297	0.1300
July	0.1300	0.1281	0.1293
August	0.1306	0.1277	0.1292
September	0.1309	0.1296	0.1302
October	0.1309	0.1286	0.1297
November	0.1290	0.1279	0.1285
December	0.1288	0.1282	0.1285