2023 KWD to MDL Historical Review

YEARLY HIGH

62.8461 MDL

YEARLY LOW

56.2779 MDL

YEARLY AVERAGE

58.9046 MDL

2023 KWD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 62.8461. Conversely, the yearly low was recorded on December 31, dropping to 56.2779.

This high-to-low spread represents a total annual volatility of 6.5681 MDL. From a start-to-finish perspective, comparing the January average rate of 62.1519 to the December average rate of 57.1838, the exchange rate registered a net change of -7.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 62.8461 was down 1.62% compared to the 2022 peak of 63.8802, 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 314,230 MDL

2022 Average 307,965 MDL

Yearly Trough Low 281,390 MDL

Transaction Impact: A difference of 32,840.70 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

62.6487

56.6870

JanuMarcMayJulySeptNove

KWD to MDL 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 59.8675, compared to 57.9418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9258 points.

H1 Avg (Jan–Jun) 59.8675

H2 Avg (Jul–Dec) 57.9418

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 3.3239 MDL (High: 59.6835 / Low: 56.3596). On the other end, August was the most stable month, with a tight range of 0.9373 MDL (High: 57.8202 / Low: 56.8828).

July Spread (Volatile) ±3.3239

August Spread (Stable) ±0.9373

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.8259 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.8259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 62.1519) against the same month in 2022 (average: 59.2426), the exchange rate shifted by +2.9092 (+4.91%).

2023 Avg (January) 62.1519

2022 Avg (January) 59.2426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	62.8461	61.3201	62.1519
February	61.9249	60.7500	61.3338
March	61.5158	59.6798	60.6971
April	59.6881	58.3776	58.8712
May	58.5020	57.4351	57.8904
June	59.5161	57.6978	58.2609
July	59.6835	56.3596	58.3462
August	57.8202	56.8828	57.4073
September	59.1620	57.6422	58.2206
October	59.0741	58.1309	58.6297
November	58.6264	57.2165	57.8629
December	58.1619	56.2779	57.1838