2023 KWD to INR Historical Review

YEARLY HIGH

272.7604 INR

YEARLY LOW

264.9926 INR

YEARLY AVERAGE

268.6907 INR

2023 KWD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 272.7604. Conversely, the yearly low was recorded on January 22, dropping to 264.9926.

This high-to-low spread represents a total annual volatility of 7.7678 INR. From a start-to-finish perspective, comparing the January average rate of 267.4631 to the December average rate of 270.3769, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 272.7604 was up 0.65% compared to the 2022 peak of 270.9892, 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 1,363,802 INR

2022 Average 1,282,764 INR

Yearly Trough Low 1,324,963 INR

Transaction Impact: A difference of 38,838.89 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

270.6683

267.1717

JanuMarcMayJulySeptNove

KWD to INR 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 268.1503, compared to 269.2311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0808 points.

H1 Avg (Jan–Jun) 268.1503

H2 Avg (Jul–Dec) 269.2311

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.5777 INR (High: 272.7604 / Low: 266.1827). On the other end, September was the most stable month, with a tight range of 1.5377 INR (High: 269.8361 / Low: 268.2984).

March Spread (Volatile) ±6.5777

September Spread (Stable) ±1.5377

Growth Streaks & Declines

Trends

Between September and December, 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 1.7097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.7097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 268.2811) against the same month in 2022 (average: 250.9485), the exchange rate shifted by +17.3326 (+6.91%).

2023 Avg (March) 268.2811

2022 Avg (March) 250.9485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	270.5298	264.9926	267.4631
February	271.1573	268.0019	269.9908
March	272.7604	266.1827	268.2811
April	268.5694	266.3881	267.4714
May	270.1956	266.8024	268.2247
June	268.6798	266.5676	267.4708
July	269.8990	266.4726	267.9470
August	270.6785	267.5083	268.9993
September	269.8361	268.2984	268.9910
October	270.1032	267.9774	269.1188
November	270.7476	269.1908	269.9535
December	271.3852	269.5609	270.3769