2023 KWD to PLN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to PLN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 14.6303. Conversely, the yearly low was recorded on December 27, dropping to 12.6650.
This high-to-low spread represents a total annual volatility of 1.9652 PLN. From a start-to-finish perspective, comparing the January average rate of 14.1873 to the December average rate of 12.8825, the exchange rate registered a net change of -9.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.6303 was down 9.27% compared to the 2022 peak of 16.1248, 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 PLN 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 13.9635, compared to 13.3686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5949 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 0.9686 PLN (High: 14.5092 / Low: 13.5406). On the other end, May was the most stable month, with a tight range of 0.3363 PLN (High: 13.7660 / Low: 13.4296).
Growth Streaks & Declines
TrendsBetween July and September, 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 October and November, when the average rate fell by 0.6148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 14.4850) against the same month in 2022 (average: 13.3018), the exchange rate shifted by +1.1833 (+8.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5092 | 13.5406 | 14.1873 |
| February | 14.6303 | 14.0069 | 14.4850 |
| March | 14.5691 | 13.9818 | 14.2945 |
| April | 14.1126 | 13.5497 | 13.8104 |
| May | 13.7660 | 13.4296 | 13.6153 |
| June | 13.6619 | 13.1394 | 13.3886 |
| July | 13.4003 | 12.8853 | 13.1026 |
| August | 13.4350 | 13.0819 | 13.2713 |
| September | 14.2584 | 13.4407 | 13.9580 |
| October | 14.3022 | 13.5166 | 13.8061 |
| November | 13.6591 | 12.7349 | 13.1913 |
| December | 13.0606 | 12.6650 | 12.8825 |