2023 BBD to KWD Historical Review

YEARLY HIGH

0.1554 KWD

YEARLY LOW

0.1513 KWD

YEARLY AVERAGE

0.1537 KWD

2023 BBD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.1554. Conversely, the yearly low was recorded on March 18, dropping to 0.1513.

This high-to-low spread represents a total annual volatility of 0.0041 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1528 to the December average rate of 0.1539, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1554 was up 0.02% compared to the 2022 peak of 0.1554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 777 KWD

2022 Average 766 KWD

Yearly Trough Low 756 KWD

Transaction Impact: A difference of 20.50 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1548

0.1526

JanuMarcMayJulySeptNove

BBD 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 0.1532, compared to 0.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1532

H2 Avg (Jul–Dec) 0.1541

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0024 KWD (High: 0.1537 / Low: 0.1513). On the other end, August was the most stable month, with a tight range of 0.0006 KWD (High: 0.1544 / Low: 0.1537).

March Spread (Volatile) ±0.0024

August Spread (Stable) ±0.0006

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1546) against the same month in 2022 (average: 0.1550), the exchange rate shifted by -0.0004 (-0.26%).

2023 Avg (October) 0.1546

2022 Avg (October) 0.1550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1534	0.1523	0.1528
February	0.1536	0.1521	0.1530
March	0.1537	0.1513	0.1533
April	0.1539	0.1526	0.1532
May	0.1539	0.1530	0.1535
June	0.1539	0.1531	0.1536
July	0.1537	0.1528	0.1534
August	0.1544	0.1537	0.1540
September	0.1547	0.1540	0.1544
October	0.1554	0.1544	0.1546
November	0.1545	0.1538	0.1542
December	0.1545	0.1534	0.1539