YEARLY HIGH
14.6303 PLN
YEARLY LOW
12.6650 PLN
YEARLY AVERAGE
13.6661 PLN

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KWD based on timing:

Yearly Peak High 73,151 PLN
2022 Average 72,746 PLN
Yearly Trough Low 63,325 PLN
Transaction Impact: A difference of 9,826.19 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.6453
12.7223
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.9635
H2 Avg (Jul–Dec) 13.3686

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±0.9686
May Spread (Stable) ±0.3363

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6148

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (February) 14.4850
2022 Avg (February) 13.3018

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