2023 KWD to QAR Historical Review

YEARLY HIGH

12.1049 QAR

YEARLY LOW

11.7302 QAR

YEARLY AVERAGE

11.8558 QAR

2023 KWD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 12.1049. Conversely, the yearly low was recorded on November 4, dropping to 11.7302.

This high-to-low spread represents a total annual volatility of 0.3747 QAR. From a start-to-finish perspective, comparing the January average rate of 11.9257 to the December average rate of 11.8378, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.1049 was up 0.27% compared to the 2022 peak of 12.0723, 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 60,524 QAR

2022 Average 59,478 QAR

Yearly Trough Low 58,651 QAR

Transaction Impact: A difference of 1,873.39 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9403

11.7655

JanuMarcMayJulySeptNove

KWD to QAR 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 11.8927, compared to 11.8190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0736 points.

H1 Avg (Jan–Jun) 11.8927

H2 Avg (Jul–Dec) 11.8190

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2826 QAR (High: 12.1049 / Low: 11.8222). On the other end, May was the most stable month, with a tight range of 0.0629 QAR (High: 11.8978 / Low: 11.8349).

February Spread (Volatile) ±0.2826

May Spread (Stable) ±0.0629

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0370 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.9164) against the same month in 2022 (average: 12.0380), the exchange rate shifted by -0.1217 (-1.01%).

2023 Avg (February) 11.9164

2022 Avg (February) 12.0380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0113	11.8708	11.9257
February	12.1049	11.8222	11.9164
March	12.0164	11.8457	11.8966
April	12.0070	11.7423	11.8976
May	11.8978	11.8349	11.8639
June	11.9203	11.8314	11.8556
July	11.9115	11.8188	11.8678
August	11.8830	11.8016	11.8333
September	11.8384	11.7712	11.7964
October	11.8095	11.7448	11.7801
November	11.8330	11.7302	11.7988
December	11.9070	11.7843	11.8378