2023 KWD to BBD Historical Review

YEARLY HIGH

6.6098 BBD

YEARLY LOW

6.4354 BBD

YEARLY AVERAGE

6.5082 BBD

2023 KWD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6.6098. Conversely, the yearly low was recorded on October 15, dropping to 6.4354.

This high-to-low spread represents a total annual volatility of 0.1744 BBD. From a start-to-finish perspective, comparing the January average rate of 6.5454 to the December average rate of 6.4960, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.6098 was down 0.24% compared to the 2022 peak of 6.6254, 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 33,049 BBD

2022 Average 32,647 BBD

Yearly Trough Low 32,177 BBD

Transaction Impact: A difference of 871.89 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.5532

6.4594

JanuMarcMayJulySeptNove

KWD to BBD 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 6.5265, compared to 6.4900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 6.5265

H2 Avg (Jul–Dec) 6.4900

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1029 BBD (High: 6.6098 / Low: 6.5068). On the other end, August was the most stable month, with a tight range of 0.0271 BBD (High: 6.5045 / Low: 6.4774).

March Spread (Volatile) ±0.1029

August Spread (Stable) ±0.0271

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 0.0255 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6.5244) against the same month in 2022 (average: 6.5831), the exchange rate shifted by -0.0587 (-0.89%).

2023 Avg (March) 6.5244

2022 Avg (March) 6.5831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5667	6.5206	6.5454
February	6.5743	6.5125	6.5349
March	6.6098	6.5068	6.5244
April	6.5510	6.4985	6.5275
May	6.5371	6.4986	6.5166
June	6.5302	6.4996	6.5099
July	6.5430	6.5045	6.5200
August	6.5045	6.4774	6.4945
September	6.4937	6.4659	6.4781
October	6.4782	6.4354	6.4672
November	6.5013	6.4712	6.4841
December	6.5169	6.4735	6.4960