2023 KWD to BDT Historical Review

YEARLY HIGH

359.4993 BDT

YEARLY LOW

337.2560 BDT

YEARLY AVERAGE

351.4995 BDT

2023 KWD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 359.4993. Conversely, the yearly low was recorded on January 1, dropping to 337.2560.

This high-to-low spread represents a total annual volatility of 22.2432 BDT. From a start-to-finish perspective, comparing the January average rate of 342.9823 to the December average rate of 357.3406, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 359.4993 was up 3.58% compared to the 2022 peak of 347.0668, 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 1,797,496 BDT

2022 Average 1,522,633 BDT

Yearly Trough Low 1,686,280 BDT

Transaction Impact: A difference of 111,216.23 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

359.1336

341.5140

JanuMarcMayJulySeptNove

KWD to BDT 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 347.1510, compared to 355.8481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6971 points.

H1 Avg (Jan–Jun) 347.1510

H2 Avg (Jul–Dec) 355.8481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 15.8367 BDT (High: 356.1548 / Low: 340.3181). On the other end, October was the most stable month, with a tight range of 2.4513 BDT (High: 357.2276 / Low: 354.7763).

February Spread (Volatile) ±15.8367

October Spread (Stable) ±2.4513

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.0040 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 357.3406) against the same month in 2022 (average: 338.6494), the exchange rate shifted by +18.6912 (+5.52%).

2023 Avg (December) 357.3406

2022 Avg (December) 338.6494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	349.7088	337.2560	342.9823
February	356.1548	340.3181	347.3921
March	351.0940	340.3552	345.3880
April	351.1566	342.6575	346.4000
May	353.2188	345.6500	349.0256
June	353.2319	348.6765	351.7178
July	355.5868	351.2438	353.4011
August	356.7554	351.7920	354.8330
September	357.4102	353.9109	355.5947
October	357.2276	354.7763	356.2539
November	359.2861	355.8028	357.6653
December	359.4993	356.1305	357.3406