2023 FJD to KWD Historical Review

YEARLY HIGH

0.1418 KWD

YEARLY LOW

0.1339 KWD

YEARLY AVERAGE

0.1379 KWD

2023 FJD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.1418. Conversely, the yearly low was recorded on November 13, dropping to 0.1339.

This high-to-low spread represents a total annual volatility of 0.0079 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1403 to the December average rate of 0.1390, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1418 was down 3.05% compared to the 2022 peak of 0.1462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 709 KWD

2022 Average 700 KWD

Yearly Trough Low 669 KWD

Transaction Impact: A difference of 39.61 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1408

0.1351

JanuMarcMayJulySeptNove

FJD 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 0.1387, compared to 0.1370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1387

H2 Avg (Jul–Dec) 0.1370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0047 KWD (High: 0.1385 / Low: 0.1339). On the other end, September was the most stable month, with a tight range of 0.0020 KWD (High: 0.1366 / Low: 0.1345).

November Spread (Volatile) ±0.0047

September Spread (Stable) ±0.0020

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 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 (January 2023: 0.1403) against the same month in 2022 (average: 0.1420), the exchange rate shifted by -0.0017 (-1.20%).

2023 Avg (January) 0.1403

2022 Avg (January) 0.1420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1418	0.1377	0.1403
February	0.1407	0.1383	0.1395
March	0.1390	0.1369	0.1382
April	0.1396	0.1369	0.1384
May	0.1397	0.1366	0.1380
June	0.1397	0.1359	0.1380
July	0.1404	0.1364	0.1383
August	0.1386	0.1341	0.1365
September	0.1366	0.1345	0.1359
October	0.1368	0.1346	0.1356
November	0.1385	0.1339	0.1365
December	0.1403	0.1378	0.1390