YEARLY HIGH
0.0518 KWD
YEARLY LOW
0.0358 KWD
YEARLY AVERAGE
0.0441 KWD

2020 TRY to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0518. Conversely, the yearly low was recorded on November 7, dropping to 0.0358.

This high-to-low spread represents a total annual volatility of 0.0160 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0512 to the December average rate of 0.0396, the exchange rate registered a net change of -22.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0518 was down 11.41% compared to the 2019 peak of 0.0585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,592 KWD
2019 Average 2,677 KWD
Yearly Trough Low 1,791 KWD
Transaction Impact: A difference of 800.31 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0525
0.0372
JanuMarcMayJulySeptNove

TRY 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 0.0476, compared to 0.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0476
H2 Avg (Jul–Dec) 0.0406

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0047 KWD (High: 0.0405 / Low: 0.0358). On the other end, January was the most stable month, with a tight range of 0.0011 KWD (High: 0.0518 / Low: 0.0507).

November Spread (Volatile) ±0.0047
January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0033 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0512) against the same month in 2019 (average: 0.0566), the exchange rate shifted by -0.0054 (-9.46%).

2020 Avg (January) 0.0512
2019 Avg (January) 0.0566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0518 0.0507 0.0512
February 0.0508 0.0490 0.0503
March 0.0503 0.0473 0.0487
April 0.0471 0.0442 0.0454
May 0.0459 0.0429 0.0446
June 0.0459 0.0448 0.0452
July 0.0450 0.0438 0.0447
August 0.0441 0.0413 0.0420
September 0.0414 0.0392 0.0405
October 0.0395 0.0366 0.0385
November 0.0405 0.0358 0.0384
December 0.0413 0.0387 0.0396