2023 KWD to GNF Historical Review

YEARLY HIGH

28834.3076 GNF

YEARLY LOW

27630.0752 GNF

YEARLY AVERAGE

28046.2345 GNF

2023 KWD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 28834.3076. Conversely, the yearly low was recorded on October 7, dropping to 27630.0752.

This high-to-low spread represents a total annual volatility of 1204.2324 GNF. From a start-to-finish perspective, comparing the January average rate of 28363.1686 to the December average rate of 27939.5519, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 28834.3076 was down 6.58% compared to the 2022 peak of 30866.8502, 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 144,171,538 GNF

2022 Average 143,777,342 GNF

Yearly Trough Low 138,150,376 GNF

Transaction Impact: A difference of 6,021,161.89 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28418.3997

27755.6256

JanuMarcMayJulySeptNove

KWD to GNF 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 28171.9377, compared to 27920.5312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 251.4065 points.

H1 Avg (Jan–Jun) 28171.9377

H2 Avg (Jul–Dec) 27920.5312

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 933.0575 GNF (High: 28784.8853 / Low: 27851.8278). On the other end, December was the most stable month, with a tight range of 226.1061 GNF (High: 28060.0728 / Low: 27833.9668).

February Spread (Volatile) ±933.0575

December Spread (Stable) ±226.1061

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 January and February, when the average rate fell by 115.4856 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -115.4856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 28363.1686) against the same month in 2022 (average: 30071.7595), the exchange rate shifted by -1708.5909 (-5.68%).

2023 Avg (January) 28363.1686

2022 Avg (January) 30071.7595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28834.3076	28179.1812	28363.1686
February	28784.8853	27851.8278	28247.6829
March	28666.3626	27816.4300	28174.8154
April	28271.9332	27866.7851	28068.8007
May	28255.5964	27934.1846	28101.7221
June	28243.1457	27898.9138	28075.4368
July	28185.9950	27916.3161	28059.1549
August	28146.0669	27821.0422	27962.2876
September	28010.6152	27692.3491	27871.0354
October	27992.4965	27630.0752	27810.8567
November	28058.5434	27713.6336	27880.3005
December	28060.0728	27833.9668	27939.5519