2023 BOB to KWD Historical Review

YEARLY HIGH

0.0450 KWD

YEARLY LOW

0.0437 KWD

YEARLY AVERAGE

0.0445 KWD

2023 BOB to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0450. Conversely, the yearly low was recorded on February 5, dropping to 0.0437.

This high-to-low spread represents a total annual volatility of 0.0013 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0442 to the December average rate of 0.0445, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0450 was down 0.98% compared to the 2022 peak of 0.0454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 KWD

2022 Average 222 KWD

Yearly Trough Low 218 KWD

Transaction Impact: A difference of 6.49 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0448

0.0442

JanuMarcMayJulySeptNove

BOB 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 0.0444, compared to 0.0446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0444

H2 Avg (Jul–Dec) 0.0446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0009 KWD (High: 0.0446 / Low: 0.0437). On the other end, January was the most stable month, with a tight range of 0.0002 KWD (High: 0.0444 / Low: 0.0441).

February Spread (Volatile) ±0.0009

January Spread (Stable) ±0.0002

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 November and December, 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: 0.0448) against the same month in 2022 (average: 0.0449), the exchange rate shifted by -0.0001 (-0.17%).

2023 Avg (October) 0.0448

2022 Avg (October) 0.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0444	0.0441	0.0442
February	0.0446	0.0437	0.0443
March	0.0448	0.0442	0.0444
April	0.0446	0.0442	0.0443
May	0.0446	0.0443	0.0444
June	0.0447	0.0443	0.0445
July	0.0448	0.0443	0.0444
August	0.0448	0.0444	0.0446
September	0.0449	0.0446	0.0447
October	0.0450	0.0447	0.0448
November	0.0449	0.0446	0.0447
December	0.0447	0.0442	0.0445