2023 BND to KWD Historical Review

YEARLY HIGH

0.2336 KWD

YEARLY LOW

0.2248 KWD

YEARLY AVERAGE

0.2289 KWD

2023 BND to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.2336. Conversely, the yearly low was recorded on October 3, dropping to 0.2248.

This high-to-low spread represents a total annual volatility of 0.0088 KWD. From a start-to-finish perspective, comparing the January average rate of 0.2303 to the December average rate of 0.2311, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2336 was up 2.54% compared to the 2022 peak of 0.2278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,168 KWD

2022 Average 1,111 KWD

Yearly Trough Low 1,124 KWD

Transaction Impact: A difference of 43.82 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2316

0.2254

JanuMarcMayJulySeptNove

BND 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 0.2295, compared to 0.2284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2295

H2 Avg (Jul–Dec) 0.2284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0061 KWD (High: 0.2316 / Low: 0.2255). On the other end, October was the most stable month, with a tight range of 0.0022 KWD (High: 0.2270 / Low: 0.2248).

November Spread (Volatile) ±0.0061

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2298) against the same month in 2022 (average: 0.2247), the exchange rate shifted by +0.0051 (+2.28%).

2023 Avg (February) 0.2298

2022 Avg (February) 0.2247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2327	0.2268	0.2303
February	0.2336	0.2276	0.2298
March	0.2310	0.2270	0.2288
April	0.2319	0.2292	0.2303
May	0.2314	0.2270	0.2292
June	0.2298	0.2264	0.2283
July	0.2323	0.2264	0.2299
August	0.2306	0.2266	0.2280
September	0.2282	0.2254	0.2266
October	0.2270	0.2248	0.2259
November	0.2316	0.2255	0.2288
December	0.2329	0.2293	0.2311