2023 KWD to TWD Historical Review

YEARLY HIGH

105.1730 TWD

YEARLY LOW

97.3933 TWD

YEARLY AVERAGE

101.3348 TWD

2023 KWD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 105.1730. Conversely, the yearly low was recorded on February 2, dropping to 97.3933.

This high-to-low spread represents a total annual volatility of 7.7797 TWD. From a start-to-finish perspective, comparing the January average rate of 99.4615 to the December average rate of 101.3808, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 105.1730 was up 0.93% compared to the 2022 peak of 104.2013, 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 525,865 TWD

2022 Average 486,009 TWD

Yearly Trough Low 486,966 TWD

Transaction Impact: A difference of 38,898.73 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

104.9385

98.3705

JanuMarcMayJulySeptNove

KWD to TWD 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 99.6870, compared to 102.9826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2956 points.

H1 Avg (Jan–Jun) 99.6870

H2 Avg (Jul–Dec) 102.9826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.4472 TWD (High: 104.9549 / Low: 101.5077). On the other end, August was the most stable month, with a tight range of 1.0328 TWD (High: 103.7930 / Low: 102.7602).

November Spread (Volatile) ±3.4472

August Spread (Stable) ±1.0328

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.0214 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 104.3911) against the same month in 2022 (average: 103.0424), the exchange rate shifted by +1.3488 (+1.31%).

2023 Avg (October) 104.3911

2022 Avg (October) 103.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.4661	98.4340	99.4615
February	99.9287	97.3933	98.9178
March	101.2383	99.0751	99.6675
April	100.7543	99.0492	99.7382
May	100.7534	99.4335	100.0385
June	101.3442	99.4937	100.2985
July	102.3840	100.8880	101.6730
August	103.7930	102.7602	103.3205
September	104.3094	103.1956	103.7281
October	105.1730	103.6403	104.3911
November	104.9549	101.5077	103.4022
December	102.1448	99.7714	101.3808