2023 BWP to KWD Historical Review

YEARLY HIGH

0.0241 KWD

YEARLY LOW

0.0223 KWD

YEARLY AVERAGE

0.0230 KWD

2023 BWP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0241. Conversely, the yearly low was recorded on June 1, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0018 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0228, the exchange rate registered a net change of -4.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0241 was down 9.35% compared to the 2022 peak of 0.0266, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 KWD

2022 Average 124 KWD

Yearly Trough Low 112 KWD

Transaction Impact: A difference of 9.13 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0241

0.0224

JanuMarcMayJulySeptNove

BWP 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 0.0232, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0232

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 KWD (High: 0.0236 / Low: 0.0226). On the other end, October was the most stable month, with a tight range of 0.0004 KWD (High: 0.0227 / Low: 0.0223).

July Spread (Volatile) ±0.0010

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0239) against the same month in 2022 (average: 0.0261), the exchange rate shifted by -0.0021 (-8.20%).

2023 Avg (January) 0.0239

2022 Avg (January) 0.0261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0241	0.0237	0.0239
February	0.0240	0.0230	0.0234
March	0.0236	0.0229	0.0232
April	0.0236	0.0231	0.0233
May	0.0233	0.0223	0.0228
June	0.0232	0.0223	0.0229
July	0.0236	0.0226	0.0232
August	0.0233	0.0226	0.0228
September	0.0228	0.0224	0.0226
October	0.0227	0.0223	0.0225
November	0.0231	0.0226	0.0228
December	0.0230	0.0225	0.0228