2023 KWD to PEN Historical Review

YEARLY HIGH

12.7846 PEN

YEARLY LOW

11.6095 PEN

YEARLY AVERAGE

12.1716 PEN

2023 KWD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 12.7846. Conversely, the yearly low was recorded on July 17, dropping to 11.6095.

This high-to-low spread represents a total annual volatility of 1.1751 PEN. From a start-to-finish perspective, comparing the January average rate of 12.5124 to the December average rate of 12.1352, the exchange rate registered a net change of -3.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.7846 was down 3.09% compared to the 2022 peak of 13.1922, 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 63,923 PEN

2022 Average 62,568 PEN

Yearly Trough Low 58,047 PEN

Transaction Impact: A difference of 5,875.71 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.6202

11.6500

JanuMarcMayJulySeptNove

KWD to PEN 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 12.2510, compared to 12.0923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1587 points.

H1 Avg (Jan–Jun) 12.2510

H2 Avg (Jul–Dec) 12.0923

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4282 PEN (High: 12.7846 / Low: 12.3564). On the other end, March was the most stable month, with a tight range of 0.1526 PEN (High: 12.3961 / Low: 12.2435).

January Spread (Volatile) ±0.4282

March Spread (Stable) ±0.1526

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 April and May, when the average rate fell by 0.2593 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 12.5124) against the same month in 2022 (average: 12.8718), the exchange rate shifted by -0.3594 (-2.79%).

2023 Avg (January) 12.5124

2022 Avg (January) 12.8718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7846	12.3564	12.5124
February	12.7384	12.3830	12.5393
March	12.3961	12.2435	12.3217
April	12.3528	12.0571	12.2620
May	12.1239	11.8852	12.0028
June	12.0457	11.7635	11.8675
July	11.8654	11.6095	11.7309
August	12.1173	11.7272	11.9876
September	12.2855	11.9770	12.0619
October	12.5424	12.2679	12.4136
November	12.4843	12.0671	12.2246
December	12.3097	12.0098	12.1352