2023 HKD to KWD Historical Review

YEARLY HIGH

0.0397 KWD

YEARLY LOW

0.0385 KWD

YEARLY AVERAGE

0.0393 KWD

2023 HKD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0397. Conversely, the yearly low was recorded on March 18, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0012 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0391 to the December average rate of 0.0394, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0397 was up 0.34% compared to the 2022 peak of 0.0396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 993 KWD

2022 Average 978 KWD

Yearly Trough Low 964 KWD

Transaction Impact: A difference of 29.44 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0396

0.0390

JanuMarcMayJulySeptNove

HKD 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 0.0391, compared to 0.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0391

H2 Avg (Jul–Dec) 0.0394

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 KWD (High: 0.0392 / Low: 0.0385). On the other end, June was the most stable month, with a tight range of 0.0002 KWD (High: 0.0393 / Low: 0.0391).

March Spread (Volatile) ±0.0006

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0395) against the same month in 2022 (average: 0.0395), the exchange rate shifted by +0.0000 (+0.05%).

2023 Avg (October) 0.0395

2022 Avg (October) 0.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0393	0.0389	0.0391
February	0.0391	0.0388	0.0390
March	0.0392	0.0385	0.0391
April	0.0392	0.0389	0.0390
May	0.0393	0.0390	0.0392
June	0.0393	0.0391	0.0392
July	0.0394	0.0390	0.0392
August	0.0395	0.0393	0.0393
September	0.0395	0.0393	0.0394
October	0.0397	0.0394	0.0395
November	0.0396	0.0393	0.0395
December	0.0395	0.0393	0.0394