2023 KWD to SEK Historical Review

YEARLY HIGH

36.3133 SEK

YEARLY LOW

32.3701 SEK

YEARLY AVERAGE

34.5315 SEK

2023 KWD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 36.3133. Conversely, the yearly low was recorded on December 27, dropping to 32.3701.

This high-to-low spread represents a total annual volatility of 3.9432 SEK. From a start-to-finish perspective, comparing the January average rate of 34.0051 to the December average rate of 33.2695, the exchange rate registered a net change of -2.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.3133 was down 0.93% compared to the 2022 peak of 36.6550, 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 181,567 SEK

2022 Average 165,118 SEK

Yearly Trough Low 161,851 SEK

Transaction Impact: A difference of 19,716.12 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.1947

33.0035

JanuMarcMayJulySeptNove

KWD to SEK 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 34.2345, compared to 34.8285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5940 points.

H1 Avg (Jan–Jun) 34.2345

H2 Avg (Jul–Dec) 34.8285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.6500 SEK (High: 36.1105 / Low: 33.4606). On the other end, April was the most stable month, with a tight range of 0.7747 SEK (High: 34.2107 / Low: 33.4359).

November Spread (Volatile) ±2.6500

April Spread (Stable) ±0.7747

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 1.3493 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 35.6504) against the same month in 2022 (average: 35.9047), the exchange rate shifted by -0.2543 (-0.71%).

2023 Avg (October) 35.6504

2022 Avg (October) 35.9047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.8457	33.4298	34.0051
February	34.7220	33.7721	34.1663
March	35.1638	33.6402	34.2840
April	34.2107	33.4359	33.7712
May	35.3383	33.1265	34.1510
June	35.4801	34.5562	35.0295
July	35.6373	33.3121	34.3221
August	35.8175	34.3742	35.1816
September	36.2194	35.3232	35.9288
October	36.3133	35.1761	35.6504
November	36.1105	33.4606	34.6188
December	34.0022	32.3701	33.2695