2023 KWD to DOP Historical Review

YEARLY HIGH

189.1006 DOP

YEARLY LOW

177.0665 DOP

YEARLY AVERAGE

182.1951 DOP

2023 KWD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 189.1006. Conversely, the yearly low was recorded on April 30, dropping to 177.0665.

This high-to-low spread represents a total annual volatility of 12.0341 DOP. From a start-to-finish perspective, comparing the January average rate of 185.2011 to the December average rate of 186.2137, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 189.1006 was down 1.31% compared to the 2022 peak of 191.6070, 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 945,503 DOP

2022 Average 897,231 DOP

Yearly Trough Low 885,333 DOP

Transaction Impact: A difference of 60,170.42 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

187.0671

176.8255

JanuMarcMayJulySeptNove

KWD to DOP 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 180.4723, compared to 183.9178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4455 points.

H1 Avg (Jan–Jun) 180.4723

H2 Avg (Jul–Dec) 183.9178

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 6.8185 DOP (High: 187.8809 / Low: 181.0624). On the other end, May was the most stable month, with a tight range of 0.8059 DOP (High: 178.0904 / Low: 177.2845).

February Spread (Volatile) ±6.8185

May Spread (Stable) ±0.8059

Growth Streaks & Declines

Trends

Between May and August, 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 4.3130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 186.2137) against the same month in 2022 (average: 180.5626), the exchange rate shifted by +5.6510 (+3.13%).

2023 Avg (December) 186.2137

2022 Avg (December) 180.5626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	186.1390	183.4781	185.2011
February	187.8809	181.0624	183.5653
March	181.1188	177.6999	179.2523
April	179.3361	177.0665	178.5239
May	178.0904	177.2845	177.6790
June	180.0117	177.1294	178.6125
July	183.0738	179.3444	181.9183
August	184.6656	182.2512	183.8793
September	184.7992	183.0197	183.8339
October	184.1921	182.7996	183.6659
November	185.5428	182.4427	183.9958
December	189.1006	184.0345	186.2137