2023 KWD to DJF Historical Review

YEARLY HIGH

590.6418 DJF

YEARLY LOW

572.2313 DJF

YEARLY AVERAGE

578.6946 DJF

2023 KWD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 590.6418. Conversely, the yearly low was recorded on November 4, dropping to 572.2313.

This high-to-low spread represents a total annual volatility of 18.4106 DJF. From a start-to-finish perspective, comparing the January average rate of 581.7196 to the December average rate of 578.4593, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 590.6418 was down 0.11% compared to the 2022 peak of 591.2903, 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 2,953,209 DJF

2022 Average 2,905,806 DJF

Yearly Trough Low 2,861,156 DJF

Transaction Impact: A difference of 92,052.79 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

582.3788

574.4692

JanuMarcMayJulySeptNove

KWD to DJF 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 580.2228, compared to 577.1665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0563 points.

H1 Avg (Jan–Jun) 580.2228

H2 Avg (Jul–Dec) 577.1665

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 14.6763 DJF (High: 590.6418 / Low: 575.9655). On the other end, May was the most stable month, with a tight range of 2.7294 DJF (High: 580.7216 / Low: 577.9922).

February Spread (Volatile) ±14.6763

May Spread (Stable) ±2.7294

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 February and March, when the average rate fell by 2.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 581.5578) against the same month in 2022 (average: 588.1271), the exchange rate shifted by -6.5693 (-1.12%).

2023 Avg (February) 581.5578

2022 Avg (February) 588.1271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	583.7132	578.7056	581.7196
February	590.6418	575.9655	581.5578
March	581.3937	576.9189	579.5362
April	581.5515	573.2673	579.7363
May	580.7216	577.9922	579.4956
June	582.0334	577.0289	579.2914
July	581.6504	575.6801	579.1943
August	581.9794	574.6811	577.7059
September	579.3068	574.1957	576.6016
October	577.3299	572.9711	575.1284
November	578.8257	572.2313	575.9093
December	581.9032	574.9491	578.4593