YEARLY HIGH
1967.8020 SDG
YEARLY LOW
1771.6459 SDG
YEARLY AVERAGE
1940.3484 SDG

2023 KWD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 1967.8020. Conversely, the yearly low was recorded on November 20, dropping to 1771.6459.

This high-to-low spread represents a total annual volatility of 196.1561 SDG. From a start-to-finish perspective, comparing the January average rate of 1887.8762 to the December average rate of 1952.0597, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1967.8020 was up 4.68% compared to the 2022 peak of 1879.8397, 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 9,839,010 SDG
2022 Average 8,140,857 SDG
Yearly Trough Low 8,858,229 SDG
Transaction Impact: A difference of 980,780.52 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1966.6644
1880.7136
JanuMarcMayJulySeptNove

KWD to SDG 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 1931.4265, compared to 1949.2704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.8440 points.

H1 Avg (Jan–Jun) 1931.4265
H2 Avg (Jul–Dec) 1949.2704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 181.9489 SDG (High: 1953.5948 / Low: 1771.6459). On the other end, August was the most stable month, with a tight range of 8.1476 SDG (High: 1956.2184 / Low: 1948.0709).

November Spread (Volatile) ±181.9489
August Spread (Stable) ±8.1476

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.8021 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -6.8021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1959.5018) against the same month in 2022 (average: 1484.2178), the exchange rate shifted by +475.2841 (+32.02%).

2023 Avg (July) 1959.5018
2022 Avg (July) 1484.2178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1909.3486 1861.5145 1887.8762
February 1920.1204 1906.1110 1913.3683
March 1961.4453 1857.5934 1923.7471
April 1963.9292 1869.2657 1951.3338
May 1961.1368 1951.2148 1955.2971
June 1963.9598 1951.5952 1956.9363
July 1967.8020 1953.9830 1959.5018
August 1956.2184 1948.0709 1952.6997
September 1952.9918 1943.0157 1947.5402
October 1948.3107 1932.2226 1943.1416
November 1953.5948 1771.6459 1940.6796
December 1958.3373 1945.2986 1952.0597