2023 KWD to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 491.2351. Conversely, the yearly low was recorded on January 13, dropping to 419.2042.
This high-to-low spread represents a total annual volatility of 72.0310 JPY. From a start-to-finish perspective, comparing the January average rate of 426.0263 to the December average rate of 466.6329, the exchange rate registered a net change of 9.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 491.2351 was up 1.64% compared to the 2022 peak of 483.2942, 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 JPY 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 440.0204, compared to 474.1792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.1589 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 22.7021 JPY (High: 444.5186 / Low: 421.8166). On the other end, September was the most stable month, with a tight range of 8.8098 JPY (High: 483.3134 / Low: 474.5037).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 19.0402 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 485.6731) against the same month in 2022 (average: 460.1983), the exchange rate shifted by +25.4748 (+5.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 434.6721 | 419.2042 | 426.0263 |
| February | 444.5186 | 421.8166 | 435.2086 |
| March | 447.1151 | 427.0349 | 435.7972 |
| April | 446.7993 | 426.8263 | 435.9096 |
| May | 457.7828 | 437.7256 | 447.1536 |
| June | 470.7400 | 451.1367 | 460.0270 |
| July | 472.3952 | 450.9102 | 460.1978 |
| August | 475.3802 | 460.9544 | 470.2024 |
| September | 483.3134 | 474.5037 | 478.7621 |
| October | 489.4017 | 480.0019 | 483.6072 |
| November | 491.2351 | 476.8681 | 485.6731 |
| December | 476.8960 | 458.4429 | 466.6329 |