YEARLY HIGH
22.5180 TTD
YEARLY LOW
21.8012 TTD
YEARLY AVERAGE
22.0790 TTD

2023 KWD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 22.5180. Conversely, the yearly low was recorded on October 7, dropping to 21.8012.

This high-to-low spread represents a total annual volatility of 0.7168 TTD. From a start-to-finish perspective, comparing the January average rate of 22.2218 to the December average rate of 22.0812, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.5180 was down 0.24% compared to the 2022 peak of 22.5729, 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 112,590 TTD
2022 Average 110,815 TTD
Yearly Trough Low 109,006 TTD
Transaction Impact: A difference of 3,583.85 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.2507
21.9043
JanuMarcMayJulySeptNove

KWD to TTD 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 22.1408, compared to 22.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1236 points.

H1 Avg (Jan–Jun) 22.1408
H2 Avg (Jul–Dec) 22.0172

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5026 TTD (High: 22.5180 / Low: 22.0153). On the other end, January was the most stable month, with a tight range of 0.1734 TTD (High: 22.2955 / Low: 22.1221).

February Spread (Volatile) ±0.5026
January Spread (Stable) ±0.1734

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 0.0743 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 22.1891) against the same month in 2022 (average: 22.4274), the exchange rate shifted by -0.2384 (-1.06%).

2023 Avg (February) 22.1891
2022 Avg (February) 22.4274

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.2955 22.1221 22.2218
February 22.5180 22.0153 22.1891
March 22.2568 21.9214 22.1147
April 22.2007 21.9652 22.1319
May 22.2336 22.0334 22.1076
June 22.1720 21.9899 22.0798
July 22.1939 21.9288 22.1018
August 22.1234 21.9064 22.0348
September 22.0632 21.8769 21.9674
October 21.9951 21.8012 21.9332
November 22.0512 21.8687 21.9849
December 22.2070 21.9374 22.0812