2023 KWD to IQD Historical Review

YEARLY HIGH

4842.1939 IQD

YEARLY LOW

4210.3105 IQD

YEARLY AVERAGE

4424.1398 IQD

2023 KWD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 4842.1939. Conversely, the yearly low was recorded on November 4, dropping to 4210.3105.

This high-to-low spread represents a total annual volatility of 631.8835 IQD. From a start-to-finish perspective, comparing the January average rate of 4777.1667 to the December average rate of 4257.1025, the exchange rate registered a net change of -10.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4842.1939 was down 0.11% compared to the 2022 peak of 4847.4586, 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 24,210,970 IQD

2022 Average 23,827,624 IQD

Yearly Trough Low 21,051,552 IQD

Transaction Impact: A difference of 3,159,417.30 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4831.5548

4178.8977

JanuMarcMayJulySeptNove

KWD to IQD 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 4599.8134, compared to 4248.4662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 351.3472 points.

H1 Avg (Jan–Jun) 4599.8134

H2 Avg (Jul–Dec) 4248.4662

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 515.5184 IQD (High: 4769.2107 / Low: 4253.6923). On the other end, January was the most stable month, with a tight range of 25.0242 IQD (High: 4786.7116 / Low: 4761.6874).

May Spread (Volatile) ±515.5184

January Spread (Stable) ±25.0242

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 April and May, when the average rate fell by 436.7203 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -436.7203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4769.7561) against the same month in 2022 (average: 4824.3433), the exchange rate shifted by -54.5872 (-1.13%).

2023 Avg (February) 4769.7561

2022 Avg (February) 4824.3433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4786.7116	4761.6874	4777.1667
February	4842.1939	4721.3347	4769.7561
March	4773.3477	4714.2645	4754.9986
April	4785.5040	4295.7338	4735.4259
May	4769.2107	4253.6923	4298.7056
June	4278.9477	4245.6662	4262.8275
July	4282.4826	4235.5273	4266.0546
August	4290.3504	4228.0529	4252.8736
September	4252.4794	4223.1582	4241.6671
October	4241.6797	4215.7375	4233.2858
November	4251.9704	4210.3105	4239.8135
December	4281.5122	4239.2980	4257.1025