2023 KWD to CDF Historical Review

YEARLY HIGH

9089.4498 CDF

YEARLY LOW

6621.1537 CDF

YEARLY AVERAGE

7596.8095 CDF

2023 KWD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 9089.4498. Conversely, the yearly low was recorded on January 7, dropping to 6621.1537.

This high-to-low spread represents a total annual volatility of 2468.2961 CDF. From a start-to-finish perspective, comparing the January average rate of 6704.9208 to the December average rate of 8842.9238, the exchange rate registered a net change of 31.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9089.4498 was up 35.17% compared to the 2022 peak of 6724.2580, 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 45,447,249 CDF

2022 Average 32,967,045 CDF

Yearly Trough Low 33,105,769 CDF

Transaction Impact: A difference of 12,341,480.47 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9056.7241

6491.1205

JanuMarcMayJulySeptNove

KWD to CDF 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 6965.9564, compared to 8227.6625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1261.7061 points.

H1 Avg (Jan–Jun) 6965.9564

H2 Avg (Jul–Dec) 8227.6625

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 931.4200 CDF (High: 7593.7429 / Low: 6662.3229). On the other end, February was the most stable month, with a tight range of 139.7868 CDF (High: 6800.3954 / Low: 6660.6086).

May Spread (Volatile) ±931.4200

February Spread (Stable) ±139.7868

Growth Streaks & Declines

Trends

Between January and July, 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 July and August, when the average rate fell by 8.1835 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -8.1835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 8842.9238) against the same month in 2022 (average: 6673.5982), the exchange rate shifted by +2169.3257 (+32.51%).

2023 Avg (December) 8842.9238

2022 Avg (December) 6673.5982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6786.4068	6621.1537	6704.9208
February	6800.3954	6660.6086	6739.1003
March	6822.9358	6661.6718	6746.1344
April	7134.8816	6671.7754	6792.7505
May	7593.7429	6662.3229	7130.4140
June	7837.9082	7556.1348	7682.4183
July	8307.9479	7837.9082	8049.1030
August	8086.4528	7933.1276	8040.9195
September	8112.3561	7956.9694	8044.9695
October	8400.9832	7986.4614	8143.1521
November	8816.9632	7973.5523	8244.9073
December	9089.4498	8648.5296	8842.9238