YEARLY HIGH
613.7318 LRD
YEARLY LOW
500.8334 LRD
YEARLY AVERAGE
568.0802 LRD

2023 KWD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 613.7318. Conversely, the yearly low was recorded on February 26, dropping to 500.8334.

This high-to-low spread represents a total annual volatility of 112.8984 LRD. From a start-to-finish perspective, comparing the January average rate of 508.5033 to the December average rate of 611.3749, the exchange rate registered a net change of 20.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 613.7318 was up 20.41% compared to the 2022 peak of 509.6813, 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 3,068,659 LRD
2022 Average 2,495,196 LRD
Yearly Trough Low 2,504,167 LRD
Transaction Impact: A difference of 564,492.01 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

621.6621
498.2161
JanuMarcMayJulySeptNove

KWD to LRD 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 530.8162, compared to 605.3441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 74.5279 points.

H1 Avg (Jan–Jun) 530.8162
H2 Avg (Jul–Dec) 605.3441

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 35.8098 LRD (High: 585.7292 / Low: 549.9194). On the other end, September was the most stable month, with a tight range of 1.1960 LRD (High: 604.1135 / Low: 602.9175).

June Spread (Volatile) ±35.8098
September Spread (Stable) ±1.1960

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.4077 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.4077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 611.3749) against the same month in 2022 (average: 503.0710), the exchange rate shifted by +108.3039 (+21.53%).

2023 Avg (December) 611.3749
2022 Avg (December) 503.0710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 513.7054 503.2411 508.5033
February 517.8951 500.8334 511.2375
March 532.2507 502.1811 520.2684
April 541.2761 528.8178 532.3795
May 549.9105 539.8414 544.0830
June 585.7292 549.9194 568.4254
July 606.9171 585.7292 598.9198
August 607.1920 602.6800 604.9967
September 604.1135 602.9175 603.5890
October 606.7195 601.1352 604.3078
November 610.9996 606.6703 608.8765
December 613.7318 608.8060 611.3749