2024 ZAR to KWD Historical Review

YEARLY HIGH

0.0178 KWD

YEARLY LOW

0.0159 KWD

YEARLY AVERAGE

0.0168 KWD

2024 ZAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0178. Conversely, the yearly low was recorded on February 25, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0019 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0164 to the December average rate of 0.0169, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0178 was down 2.25% compared to the 2023 peak of 0.0182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 891 KWD

2023 Average 834 KWD

Yearly Trough Low 797 KWD

Transaction Impact: A difference of 94.74 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0176

0.0161

JanuMarcMayJulySeptNove

ZAR 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 0.0164, compared to 0.0171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0164

H2 Avg (Jul–Dec) 0.0171

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0011 KWD (High: 0.0174 / Low: 0.0163). On the other end, October was the most stable month, with a tight range of 0.0004 KWD (High: 0.0176 / Low: 0.0172).

December Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0174) against the same month in 2023 (average: 0.0163), the exchange rate shifted by +0.0011 (+6.59%).

2024 Avg (September) 0.0174

2023 Avg (September) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0168	0.0160	0.0164
February	0.0166	0.0159	0.0162
March	0.0165	0.0161	0.0163
April	0.0167	0.0160	0.0163
May	0.0170	0.0163	0.0167
June	0.0171	0.0162	0.0167
July	0.0170	0.0165	0.0168
August	0.0173	0.0163	0.0169
September	0.0178	0.0170	0.0174
October	0.0176	0.0172	0.0174
November	0.0177	0.0168	0.0171
December	0.0174	0.0163	0.0169