2023 KWD to SCR Historical Review

YEARLY HIGH

46.3550 SCR

YEARLY LOW

41.2109 SCR

YEARLY AVERAGE

43.7406 SCR

2023 KWD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 46.3550. Conversely, the yearly low was recorded on October 26, dropping to 41.2109.

This high-to-low spread represents a total annual volatility of 5.1441 SCR. From a start-to-finish perspective, comparing the January average rate of 44.3295 to the December average rate of 43.6365, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.3550 was down 6.51% compared to the 2022 peak of 49.5814, 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 231,775 SCR

2022 Average 221,381 SCR

Yearly Trough Low 206,055 SCR

Transaction Impact: A difference of 25,720.53 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

44.8205

42.3610

JanuMarcMayJulySeptNove

KWD to SCR 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 44.2130, compared to 43.2683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9447 points.

H1 Avg (Jan–Jun) 44.2130

H2 Avg (Jul–Dec) 43.2683

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.1481 SCR (High: 46.3550 / Low: 42.2070). On the other end, August was the most stable month, with a tight range of 1.6433 SCR (High: 44.4098 / Low: 42.7664).

January Spread (Volatile) ±4.1481

August Spread (Stable) ±1.6433

Growth Streaks & Declines

Trends

Between September and December, 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 1.0420 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 44.3295) against the same month in 2022 (average: 45.5385), the exchange rate shifted by -1.2090 (-2.65%).

2023 Avg (January) 44.3295

2022 Avg (January) 45.5385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.3550	42.2070	44.3295
February	46.2906	42.4049	44.3039
March	45.7968	42.4198	43.9224
April	45.8195	42.1449	44.1105
May	45.7321	42.6933	43.9961
June	46.1036	42.6707	44.6156
July	46.1628	42.4729	43.5735
August	44.4098	42.7664	43.4251
September	44.1119	41.2127	42.5659
October	44.6811	41.2109	43.0985
November	44.5240	42.2969	43.3100
December	45.5504	41.8540	43.6365