2023 BAM to KWD Historical Review

YEARLY HIGH

0.1763 KWD

YEARLY LOW

0.1640 KWD

YEARLY AVERAGE

0.1700 KWD

2023 BAM to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.1763. Conversely, the yearly low was recorded on January 8, dropping to 0.1640.

This high-to-low spread represents a total annual volatility of 0.0123 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1681 to the December average rate of 0.1718, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1763 was down 0.60% compared to the 2022 peak of 0.1774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 881 KWD

2022 Average 825 KWD

Yearly Trough Low 820 KWD

Transaction Impact: A difference of 61.36 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1741

0.1665

JanuMarcMayJulySeptNove

BAM 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 0.1694, compared to 0.1706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1694

H2 Avg (Jul–Dec) 0.1706

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0066 KWD (High: 0.1733 / Low: 0.1667). On the other end, October was the most stable month, with a tight range of 0.0029 KWD (High: 0.1685 / Low: 0.1655).

November Spread (Volatile) ±0.0066

October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1734) against the same month in 2022 (average: 0.1604), the exchange rate shifted by +0.0131 (+8.17%).

2023 Avg (July) 0.1734

2022 Avg (July) 0.1604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1702	0.1640	0.1681
February	0.1717	0.1658	0.1676
March	0.1708	0.1656	0.1678
April	0.1737	0.1703	0.1719
May	0.1733	0.1686	0.1707
June	0.1729	0.1682	0.1702
July	0.1763	0.1707	0.1734
August	0.1735	0.1703	0.1718
September	0.1709	0.1666	0.1688
October	0.1685	0.1655	0.1671
November	0.1733	0.1667	0.1705
December	0.1740	0.1696	0.1718