2023 KWD to SVC Historical Review

YEARLY HIGH

28.9954 SVC

YEARLY LOW

28.1577 SVC

YEARLY AVERAGE

28.4606 SVC

2023 KWD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 28.9954. Conversely, the yearly low was recorded on October 7, dropping to 28.1577.

This high-to-low spread represents a total annual volatility of 0.8377 SVC. From a start-to-finish perspective, comparing the January average rate of 28.6370 to the December average rate of 28.4497, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.9954 was down 0.23% compared to the 2022 peak of 29.0632, 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 144,977 SVC

2022 Average 142,834 SVC

Yearly Trough Low 140,789 SVC

Transaction Impact: A difference of 4,188.30 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.6734

28.2370

JanuMarcMayJulySeptNove

KWD to SVC 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 28.5386, compared to 28.3826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1561 points.

H1 Avg (Jan–Jun) 28.5386

H2 Avg (Jul–Dec) 28.3826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6091 SVC (High: 28.9954 / Low: 28.3863). On the other end, January was the most stable month, with a tight range of 0.1567 SVC (High: 28.7019 / Low: 28.5452).

February Spread (Volatile) ±0.6091

January Spread (Stable) ±0.1567

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0923 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 28.5933) against the same month in 2022 (average: 28.9208), the exchange rate shifted by -0.3275 (-1.13%).

2023 Avg (February) 28.5933

2022 Avg (February) 28.9208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.7019	28.5452	28.6370
February	28.9954	28.3863	28.5933
March	28.6328	28.2632	28.5010
April	28.6039	28.2834	28.5273
May	28.5828	28.4167	28.4970
June	28.5692	28.3219	28.4760
July	28.6043	28.2707	28.4911
August	28.5185	28.2716	28.4124
September	28.4127	28.2171	28.3353
October	28.3504	28.1577	28.2734
November	28.4004	28.2095	28.3334
December	28.6164	28.3265	28.4497