YEARLY HIGH
35.7782 TJS
YEARLY LOW
32.5779 TJS
YEARLY AVERAGE
35.1559 TJS

2023 KWD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 35.7782. Conversely, the yearly low was recorded on March 9, dropping to 32.5779.

This high-to-low spread represents a total annual volatility of 3.2004 TJS. From a start-to-finish perspective, comparing the January average rate of 33.4864 to the December average rate of 35.5307, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.7782 was down 16.64% compared to the 2022 peak of 42.9198, 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 178,891 TJS
2022 Average 179,162 TJS
Yearly Trough Low 162,889 TJS
Transaction Impact: A difference of 16,001.78 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.8537
33.2712
JanuMarcMayJulySeptNove

KWD to TJS 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 34.7673, compared to 35.5445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7772 points.

H1 Avg (Jan–Jun) 34.7673
H2 Avg (Jul–Dec) 35.5445

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.1214 TJS (High: 35.6993 / Low: 32.5779). On the other end, May was the most stable month, with a tight range of 0.1985 TJS (High: 35.6725 / Low: 35.4740).

March Spread (Volatile) ±3.1214
May Spread (Stable) ±0.1985

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.1036 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 35.6206) against the same month in 2022 (average: 33.1752), the exchange rate shifted by +2.4453 (+7.37%).

2023 Avg (July) 35.6206
2022 Avg (July) 33.1752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.7104 33.1172 33.4864
February 35.0650 32.6062 33.9514
March 35.6993 32.5779 34.4414
April 35.7053 35.3138 35.5991
May 35.6725 35.4740 35.5762
June 35.6968 35.3477 35.5493
July 35.7782 35.3474 35.6206
August 35.7390 35.4052 35.6385
September 35.6691 35.4248 35.5695
October 35.5924 35.3499 35.4660
November 35.6017 35.2158 35.4415
December 35.7059 35.3580 35.5307