YEARLY HIGH
0.0846 KWD
YEARLY LOW
0.0824 KWD
YEARLY AVERAGE
0.0837 KWD

2023 AED to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0846. Conversely, the yearly low was recorded on March 18, dropping to 0.0824.

This high-to-low spread represents a total annual volatility of 0.0022 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0832 to the December average rate of 0.0838, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0846 was up 0.02% compared to the 2022 peak of 0.0846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 423 KWD
2022 Average 417 KWD
Yearly Trough Low 412 KWD
Transaction Impact: A difference of 11.14 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0843
0.0831
JanuMarcMayJulySeptNove

AED 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 0.0834, compared to 0.0839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0834
H2 Avg (Jul–Dec) 0.0839

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0013 KWD (High: 0.0837 / Low: 0.0824). On the other end, August was the most stable month, with a tight range of 0.0004 KWD (High: 0.0841 / Low: 0.0837).

March Spread (Volatile) ±0.0013
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0842) against the same month in 2022 (average: 0.0844), the exchange rate shifted by -0.0002 (-0.26%).

2023 Avg (October) 0.0842
2022 Avg (October) 0.0844

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0835 0.0829 0.0832
February 0.0836 0.0828 0.0833
March 0.0837 0.0824 0.0835
April 0.0838 0.0831 0.0834
May 0.0838 0.0833 0.0836
June 0.0838 0.0834 0.0836
July 0.0837 0.0832 0.0835
August 0.0841 0.0837 0.0838
September 0.0842 0.0839 0.0841
October 0.0846 0.0841 0.0842
November 0.0841 0.0838 0.0840
December 0.0841 0.0836 0.0838