YEARLY HIGH
827.2109 YER
YEARLY LOW
805.3072 YER
YEARLY AVERAGE
814.5690 YER

2023 KWD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 827.2109. Conversely, the yearly low was recorded on October 15, dropping to 805.3072.

This high-to-low spread represents a total annual volatility of 21.9037 YER. From a start-to-finish perspective, comparing the January average rate of 819.2473 to the December average rate of 812.7444, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 827.2109 was down 0.22% compared to the 2022 peak of 829.0045, 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 4,136,055 YER
2022 Average 4,085,074 YER
Yearly Trough Low 4,026,536 YER
Transaction Impact: A difference of 109,518.52 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

820.2227
808.5186
JanuMarcMayJulySeptNove

KWD to YER 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 816.8784, compared to 812.2597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6187 points.

H1 Avg (Jan–Jun) 816.8784
H2 Avg (Jul–Dec) 812.2597

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 12.8829 YER (High: 827.2109 / Low: 814.3280). On the other end, September was the most stable month, with a tight range of 3.1480 YER (High: 812.5225 / Low: 809.3745).

March Spread (Volatile) ±12.8829
September Spread (Stable) ±3.1480

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 July and August, when the average rate fell by 3.2398 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.2398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 816.5409) against the same month in 2022 (average: 823.7203), the exchange rate shifted by -7.1794 (-0.87%).

2023 Avg (March) 816.5409
2022 Avg (March) 823.7203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 821.8223 816.0563 819.2473
February 823.0965 815.1987 817.9693
March 827.2109 814.3280 816.5409
April 820.0214 813.5345 817.0303
May 818.2845 813.4663 815.6413
June 817.4185 813.4628 814.8412
July 819.0176 814.1613 816.0564
August 814.1965 810.4234 812.8165
September 812.5225 809.3745 810.8694
October 811.0673 805.3072 809.4939
November 813.9436 809.8648 811.5775
December 814.9669 810.3254 812.7444