2023 BMD to KWD Historical Review

YEARLY HIGH

0.3108 KWD

YEARLY LOW

0.3026 KWD

YEARLY AVERAGE

0.3073 KWD

2023 BMD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.3108. Conversely, the yearly low was recorded on March 18, dropping to 0.3026.

This high-to-low spread represents a total annual volatility of 0.0082 KWD. From a start-to-finish perspective, comparing the January average rate of 0.3056 to the December average rate of 0.3079, 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 0.3108 was up 0.02% compared to the 2022 peak of 0.3107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,554 KWD

2022 Average 1,532 KWD

Yearly Trough Low 1,513 KWD

Transaction Impact: A difference of 41.00 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3096

0.3052

JanuMarcMayJulySeptNove

BMD 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 0.3064, compared to 0.3082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.3064

H2 Avg (Jul–Dec) 0.3082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0048 KWD (High: 0.3074 / Low: 0.3026). On the other end, August was the most stable month, with a tight range of 0.0013 KWD (High: 0.3088 / Low: 0.3075).

March Spread (Volatile) ±0.0048

August Spread (Stable) ±0.0013

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3093) against the same month in 2022 (average: 0.3100), the exchange rate shifted by -0.0008 (-0.26%).

2023 Avg (October) 0.3093

2022 Avg (October) 0.3100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3067	0.3046	0.3056
February	0.3071	0.3042	0.3061
March	0.3074	0.3026	0.3065
April	0.3078	0.3053	0.3064
May	0.3078	0.3059	0.3069
June	0.3077	0.3063	0.3072
July	0.3075	0.3057	0.3067
August	0.3088	0.3075	0.3080
September	0.3093	0.3080	0.3087
October	0.3108	0.3087	0.3093
November	0.3091	0.3076	0.3084
December	0.3090	0.3069	0.3079