2023 KWD to SBD Historical Review

YEARLY HIGH

27.6393 SBD

YEARLY LOW

26.7036 SBD

YEARLY AVERAGE

27.1558 SBD

2023 KWD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 27.6393. Conversely, the yearly low was recorded on March 11, dropping to 26.7036.

This high-to-low spread represents a total annual volatility of 0.9356 SBD. From a start-to-finish perspective, comparing the January average rate of 27.0475 to the December average rate of 27.4700, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.6393 was up 1.98% compared to the 2022 peak of 27.1033, 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 138,196 SBD

2022 Average 132,832 SBD

Yearly Trough Low 133,518 SBD

Transaction Impact: A difference of 4,678.19 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.5324

26.7838

JanuMarcMayJulySeptNove

KWD to SBD 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 27.0205, compared to 27.2910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2705 points.

H1 Avg (Jan–Jun) 27.0205

H2 Avg (Jul–Dec) 27.2910

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5456 SBD (High: 27.6393 / Low: 27.0937). On the other end, June was the most stable month, with a tight range of 0.1279 SBD (High: 27.2116 / Low: 27.0837).

July Spread (Volatile) ±0.5456

June Spread (Stable) ±0.1279

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1448 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 27.2718) against the same month in 2022 (average: 26.5236), the exchange rate shifted by +0.7482 (+2.82%).

2023 Avg (July) 27.2718

2022 Avg (July) 26.5236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.2496	26.9009	27.0475
February	27.0413	26.8076	26.9027
March	27.1005	26.7036	26.8462
April	27.3013	26.8437	27.0641
May	27.2412	27.0672	27.1305
June	27.2116	27.0837	27.1322
July	27.6393	27.0937	27.2718
August	27.2323	27.0933	27.1753
September	27.4009	27.0584	27.2073
October	27.4764	27.1051	27.2697
November	27.5836	27.1520	27.3519
December	27.5606	27.3698	27.4700