2023 KWD to RON Historical Review

YEARLY HIGH

15.3692 RON

YEARLY LOW

14.3475 RON

YEARLY AVERAGE

14.8846 RON

2023 KWD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 15.3692. Conversely, the yearly low was recorded on July 17, dropping to 14.3475.

This high-to-low spread represents a total annual volatility of 1.0217 RON. From a start-to-finish perspective, comparing the January average rate of 14.9497 to the December average rate of 14.7833, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.3692 was down 7.33% compared to the 2022 peak of 16.5857, 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 76,846 RON

2022 Average 76,510 RON

Yearly Trough Low 71,738 RON

Transaction Impact: A difference of 5,108.50 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.2666

14.5052

JanuMarcMayJulySeptNove

KWD to RON 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 14.8975, compared to 14.8716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 14.8975

H2 Avg (Jul–Dec) 14.8716

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.6120 RON (High: 15.2791 / Low: 14.6671). On the other end, August was the most stable month, with a tight range of 0.2461 RON (High: 14.8176 / Low: 14.5715).

January Spread (Volatile) ±0.6120

August Spread (Stable) ±0.2461

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.3244 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 15.2031) against the same month in 2022 (average: 16.1600), the exchange rate shifted by -0.9568 (-5.92%).

2023 Avg (October) 15.2031

2022 Avg (October) 16.1600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.2791	14.6671	14.9497
February	15.2077	14.6205	14.9885
March	15.2527	14.7797	15.0101
April	14.9286	14.5644	14.6990
May	15.0837	14.5463	14.8446
June	15.0998	14.7041	14.8931
July	14.8745	14.3475	14.5687
August	14.8176	14.5715	14.7115
September	15.3097	14.8623	15.0672
October	15.3692	15.0646	15.2031
November	15.1878	14.6548	14.8959
December	14.9708	14.5815	14.7833