2023 KWD to UAH Historical Review

YEARLY HIGH

124.4923 UAH

YEARLY LOW

116.4561 UAH

YEARLY AVERAGE

119.7410 UAH

2023 KWD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 124.4923. Conversely, the yearly low was recorded on November 25, dropping to 116.4561.

This high-to-low spread represents a total annual volatility of 8.0362 UAH. From a start-to-finish perspective, comparing the January average rate of 120.3033 to the December average rate of 120.8191, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 124.4923 was up 2.86% compared to the 2022 peak of 121.0327, 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 622,461 UAH

2022 Average 532,447 UAH

Yearly Trough Low 582,280 UAH

Transaction Impact: A difference of 40,180.83 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

121.1892

116.7478

JanuMarcMayJulySeptNove

KWD to UAH 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 120.2252, compared to 119.2568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9684 points.

H1 Avg (Jan–Jun) 120.2252

H2 Avg (Jul–Dec) 119.2568

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 6.3796 UAH (High: 124.4923 / Low: 118.1126). On the other end, September was the most stable month, with a tight range of 0.8205 UAH (High: 119.9221 / Low: 119.1016).

December Spread (Volatile) ±6.3796

September Spread (Stable) ±0.8205

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.5460 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.5460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 120.8191) against the same month in 2022 (average: 120.2531), the exchange rate shifted by +0.5660 (+0.47%).

2023 Avg (December) 120.8191

2022 Avg (December) 120.2531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	120.9919	119.8906	120.3033
February	122.3915	119.2129	120.2626
March	120.8464	119.2942	120.1933
April	120.7351	119.3152	120.1616
May	120.6312	119.4261	120.2246
June	120.7336	119.5459	120.2057
July	120.5832	119.3200	120.1078
August	120.3730	119.3412	119.8792
September	119.9221	119.1016	119.5813
October	119.6610	117.0613	118.0353
November	117.9595	116.4561	117.1180
December	124.4923	118.1126	120.8191