2023 KWD to CRC Historical Review

YEARLY HIGH

1934.5304 CRC

YEARLY LOW

1690.9404 CRC

YEARLY AVERAGE

1762.7558 CRC

2023 KWD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1934.5304. Conversely, the yearly low was recorded on December 29, dropping to 1690.9404.

This high-to-low spread represents a total annual volatility of 243.5900 CRC. From a start-to-finish perspective, comparing the January average rate of 1880.9546 to the December average rate of 1705.7703, the exchange rate registered a net change of -9.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1934.5304 was down 14.28% compared to the 2022 peak of 2256.6832, 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 9,672,652 CRC

2022 Average 10,532,272 CRC

Yearly Trough Low 8,454,702 CRC

Transaction Impact: A difference of 1,217,949.91 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1898.4730

1688.2519

JanuMarcMayJulySeptNove

KWD to CRC 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 1794.0387, compared to 1731.4729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 62.5658 points.

H1 Avg (Jan–Jun) 1794.0387

H2 Avg (Jul–Dec) 1731.4729

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 125.0861 CRC (High: 1934.5304 / Low: 1809.4443). On the other end, November was the most stable month, with a tight range of 17.6022 CRC (High: 1729.0689 / Low: 1711.4667).

January Spread (Volatile) ±125.0861

November Spread (Stable) ±17.6022

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 66.7451 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -66.7451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1880.9546) against the same month in 2022 (average: 2112.0200), the exchange rate shifted by -231.0654 (-10.94%).

2023 Avg (January) 1880.9546

2022 Avg (January) 2112.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1934.5304	1809.4443	1880.9546
February	1902.4506	1808.8437	1846.6065
March	1821.6672	1753.9527	1779.8614
April	1771.0873	1731.9405	1748.0350
May	1774.1843	1736.4150	1751.2175
June	1765.6966	1744.4889	1757.5574
July	1786.5026	1743.4975	1760.9506
August	1772.4467	1729.1631	1747.6913
September	1750.6891	1713.7947	1734.7214
October	1734.3587	1709.6123	1719.9258
November	1729.0689	1711.4667	1719.7780
December	1717.4910	1690.9404	1705.7703