2023 KWD to HKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to HKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 25.9435. Conversely, the yearly low was recorded on October 15, dropping to 25.1743.
This high-to-low spread represents a total annual volatility of 0.7692 HKD. From a start-to-finish perspective, comparing the January average rate of 25.5934 to the December average rate of 25.3655, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 25.9435 was up 0.53% compared to the 2022 peak of 25.8079, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KWD to HKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.5809, compared to 25.3735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2075 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 0.4050 HKD (High: 25.9435 / Low: 25.5384). On the other end, June was the most stable month, with a tight range of 0.1095 HKD (High: 25.5656 / Low: 25.4561).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.0832 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 25.6048) against the same month in 2022 (average: 25.7514), the exchange rate shifted by -0.1467 (-0.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.6845 | 25.4749 | 25.5934 |
| February | 25.7969 | 25.5453 | 25.6395 |
| March | 25.9435 | 25.5384 | 25.6048 |
| April | 25.7122 | 25.5045 | 25.6186 |
| May | 25.6423 | 25.4428 | 25.5354 |
| June | 25.5656 | 25.4561 | 25.4939 |
| July | 25.6398 | 25.3904 | 25.4849 |
| August | 25.4769 | 25.3189 | 25.4149 |
| September | 25.4678 | 25.2865 | 25.3623 |
| October | 25.3679 | 25.1743 | 25.3039 |
| November | 25.4344 | 25.2365 | 25.3092 |
| December | 25.4474 | 25.2947 | 25.3655 |