2023 KWD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |