2024 TRY to KWD Historical Review

YEARLY HIGH

0.0104 KWD

YEARLY LOW

0.0087 KWD

YEARLY AVERAGE

0.0094 KWD

2024 TRY to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0104. Conversely, the yearly low was recorded on December 30, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0017 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0088, the exchange rate registered a net change of -13.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0104 was down 36.35% compared to the 2023 peak of 0.0164, 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 521 KWD

2023 Average 665 KWD

Yearly Trough Low 436 KWD

Transaction Impact: A difference of 84.98 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0104

0.0086

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 0.0097, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0097

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 KWD (High: 0.0098 / Low: 0.0095). On the other end, October was the most stable month, with a tight range of 0.0000 KWD (High: 0.0090 / Low: 0.0089).

March Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0102) against the same month in 2023 (average: 0.0163), the exchange rate shifted by -0.0060 (-37.18%).

2024 Avg (January) 0.0102

2023 Avg (January) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0101	0.0102
February	0.0101	0.0098	0.0100
March	0.0098	0.0095	0.0096
April	0.0096	0.0094	0.0095
May	0.0096	0.0095	0.0095
June	0.0095	0.0093	0.0094
July	0.0094	0.0092	0.0093
August	0.0092	0.0089	0.0091
September	0.0090	0.0089	0.0090
October	0.0090	0.0089	0.0089
November	0.0090	0.0089	0.0089
December	0.0089	0.0087	0.0088