2023 KWD to KMF Historical Review

YEARLY HIGH

1525.9956 KMF

YEARLY LOW

1427.4908 KMF

YEARLY AVERAGE

1482.3309 KMF

2023 KWD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1525.9956. Conversely, the yearly low was recorded on July 17, dropping to 1427.4908.

This high-to-low spread represents a total annual volatility of 98.5048 KMF. From a start-to-finish perspective, comparing the January average rate of 1495.7697 to the December average rate of 1465.3025, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1525.9956 was down 7.62% compared to the 2022 peak of 1651.8558, 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 7,629,978 KMF

2022 Average 7,627,504 KMF

Yearly Trough Low 7,137,454 KMF

Transaction Impact: A difference of 492,524.09 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1513.1651

1446.9711

JanuMarcMayJulySeptNove

KWD to KMF 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 1487.3716, compared to 1477.2901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.0816 points.

H1 Avg (Jan–Jun) 1487.3716

H2 Avg (Jul–Dec) 1477.2901

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 61.8437 KMF (High: 1514.0955 / Low: 1452.2518). On the other end, August was the most stable month, with a tight range of 20.0829 KMF (High: 1475.9783 / Low: 1455.8954).

November Spread (Volatile) ±61.8437

August Spread (Stable) ±20.0829

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 37.5661 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -37.5661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1502.6767) against the same month in 2022 (average: 1472.8733), the exchange rate shifted by +29.8034 (+2.02%).

2023 Avg (March) 1502.6767

2022 Avg (March) 1472.8733

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1525.9899	1478.4912	1495.7697
February	1520.7044	1479.2221	1503.4577
March	1525.9956	1473.3404	1502.6767
April	1475.8159	1454.3485	1465.1106
May	1500.0809	1455.8682	1476.7656
June	1500.1053	1462.6904	1480.4497
July	1476.1792	1427.4908	1452.4873
August	1475.9783	1455.8954	1465.9534
September	1517.3943	1474.8782	1492.9439
October	1522.7567	1499.8789	1507.6489
November	1514.0955	1452.2518	1479.4044
December	1484.9070	1444.1810	1465.3025