2023 KWD to LSL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to LSL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 64.2997. Conversely, the yearly low was recorded on January 4, dropping to 55.1143.
This high-to-low spread represents a total annual volatility of 9.1854 LSL. From a start-to-finish perspective, comparing the January average rate of 55.9784 to the December average rate of 60.6407, the exchange rate registered a net change of 8.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 64.2997 was up 8.09% compared to the 2022 peak of 59.4857, 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 LSL 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 59.3748, compared to 60.7407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3660 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 5.0593 LSL (High: 64.2997 / Low: 59.2404). On the other end, September was the most stable month, with a tight range of 1.6716 LSL (High: 62.3062 / Low: 60.6346).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 1.5403 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 60.9555) against the same month in 2022 (average: 51.4745), the exchange rate shifted by +9.4809 (+18.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.1203 | 55.1143 | 55.9784 |
| February | 60.0383 | 56.0157 | 58.5000 |
| March | 60.7003 | 58.1388 | 59.5874 |
| April | 60.1746 | 57.8908 | 59.1919 |
| May | 64.2057 | 59.6855 | 62.0357 |
| June | 64.2997 | 59.2404 | 60.9555 |
| July | 61.8278 | 57.2516 | 59.4152 |
| August | 63.3315 | 58.5882 | 61.0515 |
| September | 62.3062 | 60.6346 | 61.4113 |
| October | 62.8625 | 60.7720 | 61.6230 |
| November | 63.4786 | 58.8973 | 60.3029 |
| December | 62.0791 | 59.2761 | 60.6407 |