2023 KWD to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |