YEARLY HIGH
24369.3632 PYG
YEARLY LOW
23236.3562 PYG
YEARLY AVERAGE
23714.6893 PYG

2023 KWD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 24369.3632. Conversely, the yearly low was recorded on April 15, dropping to 23236.3562.

This high-to-low spread represents a total annual volatility of 1133.0069 PYG. From a start-to-finish perspective, comparing the January average rate of 24140.6367 to the December average rate of 23900.2881, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 24369.3632 was up 1.50% compared to the 2022 peak of 24008.2049, 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 121,846,816 PYG
2022 Average 113,935,907 PYG
Yearly Trough Low 116,181,781 PYG
Transaction Impact: A difference of 5,665,034.64 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24218.2818
23286.5402
JanuMarcMayJulySeptNove

KWD to PYG 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 23645.7681, compared to 23783.6105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 137.8424 points.

H1 Avg (Jan–Jun) 23645.7681
H2 Avg (Jul–Dec) 23783.6105

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 634.4694 PYG (High: 24164.0732 / Low: 23529.6038). On the other end, August was the most stable month, with a tight range of 187.1235 PYG (High: 23701.9342 / Low: 23514.8107).

October Spread (Volatile) ±634.4694
August Spread (Stable) ±187.1235

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 408.8790 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -408.8790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 24140.6367) against the same month in 2022 (average: 23025.5743), the exchange rate shifted by +1115.0624 (+4.84%).

2023 Avg (January) 24140.6367
2022 Avg (January) 23025.5743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24369.3632 23816.3844 24140.6367
February 24245.9247 23658.7225 23857.7012
March 23784.1677 23292.0191 23448.8222
April 23747.3258 23236.3562 23364.1854
May 23593.9412 23326.8980 23464.2529
June 23709.9126 23406.0998 23599.0101
July 23769.5116 23511.8057 23676.1762
August 23701.9342 23514.8107 23614.6516
September 23659.0278 23468.6956 23564.7345
October 24164.0732 23529.6038 23835.5236
November 24206.8310 23987.8114 24110.2892
December 24116.4991 23708.7692 23900.2881