2023 CAD to KWD Historical Review

YEARLY HIGH

0.2337 KWD

YEARLY LOW

0.2197 KWD

YEARLY AVERAGE

0.2277 KWD

2023 CAD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 0.2337. Conversely, the yearly low was recorded on March 18, dropping to 0.2197.

This high-to-low spread represents a total annual volatility of 0.0140 KWD. From a start-to-finish perspective, comparing the January average rate of 0.2277 to the December average rate of 0.2296, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2337 was down 4.41% compared to the 2022 peak of 0.2445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,169 KWD

2022 Average 1,177 KWD

Yearly Trough Low 1,099 KWD

Transaction Impact: A difference of 69.93 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2327

0.2229

JanuMarcMayJulySeptNove

CAD 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 0.2273, compared to 0.2280 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) 0.2273

H2 Avg (Jul–Dec) 0.2280

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0071 KWD (High: 0.2268 / Low: 0.2197). On the other end, July was the most stable month, with a tight range of 0.0036 KWD (High: 0.2335 / Low: 0.2299).

March Spread (Volatile) ±0.0071

July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2312) against the same month in 2022 (average: 0.2393), the exchange rate shifted by -0.0081 (-3.38%).

2023 Avg (June) 0.2312

2022 Avg (June) 0.2393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2294	0.2240	0.2277
February	0.2297	0.2250	0.2274
March	0.2268	0.2197	0.2238
April	0.2293	0.2240	0.2267
May	0.2292	0.2246	0.2269
June	0.2337	0.2287	0.2312
July	0.2335	0.2299	0.2319
August	0.2317	0.2267	0.2284
September	0.2298	0.2255	0.2278
October	0.2279	0.2227	0.2255
November	0.2278	0.2234	0.2250
December	0.2328	0.2267	0.2296