2023 BZD to KWD Historical Review

YEARLY HIGH

0.1542 KWD

YEARLY LOW

0.1497 KWD

YEARLY AVERAGE

0.1525 KWD

2023 BZD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1542. Conversely, the yearly low was recorded on February 5, dropping to 0.1497.

This high-to-low spread represents a total annual volatility of 0.0045 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1516 to the December average rate of 0.1526, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1542 was down 0.98% compared to the 2022 peak of 0.1557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 771 KWD

2022 Average 760 KWD

Yearly Trough Low 749 KWD

Transaction Impact: A difference of 22.26 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1537

0.1514

JanuMarcMayJulySeptNove

BZD 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 0.1521, compared to 0.1529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1521

H2 Avg (Jul–Dec) 0.1529

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0032 KWD (High: 0.1529 / Low: 0.1497). On the other end, January was the most stable month, with a tight range of 0.0008 KWD (High: 0.1521 / Low: 0.1513).

February Spread (Volatile) ±0.0032

January Spread (Stable) ±0.0008

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1535) against the same month in 2022 (average: 0.1540), the exchange rate shifted by -0.0004 (-0.28%).

2023 Avg (October) 0.1535

2022 Avg (October) 0.1540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1521	0.1513	0.1516
February	0.1529	0.1497	0.1518
March	0.1536	0.1516	0.1525
April	0.1535	0.1518	0.1522
May	0.1528	0.1519	0.1523
June	0.1533	0.1519	0.1524
July	0.1536	0.1518	0.1524
August	0.1535	0.1522	0.1528
September	0.1538	0.1528	0.1532
October	0.1542	0.1531	0.1535
November	0.1539	0.1528	0.1532
December	0.1532	0.1517	0.1526