YEARLY HIGH
0.0178 KWD
YEARLY LOW
0.0159 KWD
YEARLY AVERAGE
0.0170 KWD

2023 MDL to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0178. Conversely, the yearly low was recorded on January 8, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0019 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0175, the exchange rate registered a net change of 8.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0178 was up 4.27% compared to the 2022 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 89 KWD
2022 Average 81 KWD
Yearly Trough Low 80 KWD
Transaction Impact: A difference of 9.29 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0176
0.0160
JanuMarcMayJulySeptNove

MDL to KWD 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 0.0167, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0167
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 KWD (High: 0.0177 / Low: 0.0168). On the other end, October was the most stable month, with a tight range of 0.0003 KWD (High: 0.0172 / Low: 0.0169).

July Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0175) against the same month in 2022 (average: 0.0159), the exchange rate shifted by +0.0016 (+10.26%).

2023 Avg (December) 0.0175
2022 Avg (December) 0.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0163 0.0159 0.0161
February 0.0165 0.0161 0.0163
March 0.0168 0.0163 0.0165
April 0.0171 0.0168 0.0170
May 0.0174 0.0171 0.0173
June 0.0173 0.0168 0.0172
July 0.0177 0.0168 0.0171
August 0.0176 0.0173 0.0174
September 0.0173 0.0169 0.0172
October 0.0172 0.0169 0.0171
November 0.0175 0.0171 0.0173
December 0.0178 0.0172 0.0175