2023 KWD to AED Historical Review

YEARLY HIGH

12.1385 AED

YEARLY LOW

11.8188 AED

YEARLY AVERAGE

11.9517 AED

2023 KWD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 12.1385. Conversely, the yearly low was recorded on October 15, dropping to 11.8188.

This high-to-low spread represents a total annual volatility of 0.3197 AED. From a start-to-finish perspective, comparing the January average rate of 12.0206 to the December average rate of 11.9285, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.1385 was down 0.24% compared to the 2022 peak of 12.1675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,692 AED

2022 Average 59,956 AED

Yearly Trough Low 59,094 AED

Transaction Impact: A difference of 1,598.54 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0349

11.8628

JanuMarcMayJulySeptNove

KWD to AED 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 11.9849, compared to 11.9186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0663 points.

H1 Avg (Jan–Jun) 11.9849

H2 Avg (Jul–Dec) 11.9186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1895 AED (High: 12.1385 / Low: 11.9489). On the other end, August was the most stable month, with a tight range of 0.0498 AED (High: 11.9455 / Low: 11.8957).

March Spread (Volatile) ±0.1895

August Spread (Stable) ±0.0498

Growth Streaks & Declines

Trends

Between October and December, 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 0.0467 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 11.9811) against the same month in 2022 (average: 12.0901), the exchange rate shifted by -0.1089 (-0.90%).

2023 Avg (March) 11.9811

2022 Avg (March) 12.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0597	11.9751	12.0206
February	12.0739	11.9597	12.0013
March	12.1385	11.9489	11.9811
April	12.0276	11.9329	11.9857
May	12.0025	11.9322	11.9652
June	11.9927	11.9365	11.9554
July	12.0163	11.9456	11.9740
August	11.9455	11.8957	11.9273
September	11.9260	11.8748	11.8971
October	11.8972	11.8188	11.8771
November	11.9396	11.8842	11.9075
December	11.9669	11.8867	11.9285