2023 KWD to GBP Historical Review

YEARLY HIGH

2.7516 GBP

YEARLY LOW

2.4877 GBP

YEARLY AVERAGE

2.6177 GBP

2023 KWD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 2.7516. Conversely, the yearly low was recorded on July 13, dropping to 2.4877.

This high-to-low spread represents a total annual volatility of 0.2640 GBP. From a start-to-finish perspective, comparing the January average rate of 2.6732 to the December average rate of 2.5644, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7516 was down 8.30% compared to the 2022 peak of 3.0007, 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 13,758 GBP

2022 Average 13,241 GBP

Yearly Trough Low 12,438 GBP

Transaction Impact: A difference of 1,319.81 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7262

2.5138

JanuMarcMayJulySeptNove

KWD to GBP 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 2.6465, compared to 2.5890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0576 points.

H1 Avg (Jan–Jun) 2.6465

H2 Avg (Jul–Dec) 2.5890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1190 GBP (High: 2.7516 / Low: 2.6326). On the other end, August was the most stable month, with a tight range of 0.0349 GBP (High: 2.5764 / Low: 2.5415).

March Spread (Volatile) ±0.1190

August Spread (Stable) ±0.0349

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0653 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.6877) against the same month in 2022 (average: 2.5003), the exchange rate shifted by +0.1874 (+7.49%).

2023 Avg (March) 2.6877

2022 Avg (March) 2.5003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7377	2.6378	2.6732
February	2.7274	2.6477	2.7085
March	2.7516	2.6326	2.6877
April	2.6540	2.5946	2.6224
May	2.6391	2.5830	2.6115
June	2.6168	2.5400	2.5758
July	2.5770	2.4877	2.5315
August	2.5764	2.5415	2.5567
September	2.6641	2.5690	2.6151
October	2.6779	2.6268	2.6570
November	2.6562	2.5515	2.6091
December	2.5844	2.5438	2.5644