YEARLY HIGH
16213.7004 COP
YEARLY LOW
12500.8493 COP
YEARLY AVERAGE
14076.3910 COP

2023 KWD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 16213.7004. Conversely, the yearly low was recorded on December 27, dropping to 12500.8493.

This high-to-low spread represents a total annual volatility of 3712.8512 COP. From a start-to-finish perspective, comparing the January average rate of 15425.2557 to the December average rate of 12852.1173, the exchange rate registered a net change of -16.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16213.7004 was down 1.27% compared to the 2022 peak of 16422.6366, 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 81,068,502 COP
2022 Average 69,463,708 COP
Yearly Trough Low 62,504,246 COP
Transaction Impact: A difference of 18,564,255.77 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15950.8231
12570.4167
JanuMarcMayJulySeptNove

KWD to COP 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 14980.8282, compared to 13171.9538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1808.8744 points.

H1 Avg (Jan–Jun) 14980.8282
H2 Avg (Jul–Dec) 13171.9538

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1510.3645 COP (High: 16211.4569 / Low: 14701.0923). On the other end, November was the most stable month, with a tight range of 448.8524 COP (High: 13285.3897 / Low: 12836.5373).

January Spread (Volatile) ±1510.3645
November Spread (Stable) ±448.8524

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1118.6803 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1118.6803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 15669.1226) against the same month in 2022 (average: 13021.2521), the exchange rate shifted by +2647.8705 (+20.33%).

2023 Avg (February) 15669.1226
2022 Avg (February) 13021.2521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16211.4569 14701.0923 15425.2557
February 16213.7004 15151.7875 15669.1226
March 15860.5067 15026.7830 15520.9437
April 15243.4633 14346.3751 14798.9095
May 15292.9021 14274.1798 14794.7090
June 14397.2848 13253.1025 13676.0287
July 13720.4216 12795.6491 13252.6784
August 13493.7185 12732.5693 13224.4206
September 13329.3687 12638.6694 12987.0475
October 14071.4995 13190.4115 13648.5971
November 13285.3897 12836.5373 13066.8619
December 13049.0813 12500.8493 12852.1173