2023 KWD to SLL Historical Review

YEARLY HIGH

68391.4419 SLL

YEARLY LOW

57398.2493 SLL

YEARLY AVERAGE

62063.5119 SLL

2023 KWD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 68391.4419. Conversely, the yearly low was recorded on April 10, dropping to 57398.2493.

This high-to-low spread represents a total annual volatility of 10993.1926 SLL. From a start-to-finish perspective, comparing the January average rate of 57812.5027 to the December average rate of 68109.3434, the exchange rate registered a net change of 17.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 68391.4419 was up 18.25% compared to the 2022 peak of 57835.5460, 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 341,957,209 SLL

2022 Average 223,898,947 SLL

Yearly Trough Low 286,991,246 SLL

Transaction Impact: A difference of 54,965,963.00 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

69170.3913

56437.8171

JanuMarcMayJulySeptNove

KWD to SLL 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 57644.9200, compared to 66482.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8837.1837 points.

H1 Avg (Jan–Jun) 57644.9200

H2 Avg (Jul–Dec) 66482.1037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 10940.5508 SLL (High: 68391.4419 / Low: 57450.8911). On the other end, June was the most stable month, with a tight range of 270.1052 SLL (High: 57678.0543 / Low: 57407.9490).

July Spread (Volatile) ±10940.5508

June Spread (Stable) ±270.1052

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 171.7895 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -171.7895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 58977.2942) against the same month in 2022 (average: 43992.9279), the exchange rate shifted by +14984.3663 (+34.06%).

2023 Avg (July) 58977.2942

2022 Avg (July) 43992.9279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58000.3743	57593.4324	57812.5027
February	58067.1034	57521.4179	57719.4037
March	58380.6757	57471.4513	57626.8141
April	57861.6888	57398.2493	57653.9170
May	57739.1361	57399.1818	57558.0177
June	57678.0543	57407.9490	57498.8650
July	68391.4419	57450.8911	58977.2942
August	68197.7098	67913.6695	68093.3020
September	68085.2238	67793.7882	67921.5125
October	67922.0287	67473.3414	67807.2690
November	68164.2352	67848.4068	67983.9012
December	68328.3750	67873.4423	68109.3434