YEARLY HIGH
185.1884 PHP
YEARLY LOW
176.1886 PHP
YEARLY AVERAGE
180.9672 PHP

2023 KWD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 185.1884. Conversely, the yearly low was recorded on February 5, dropping to 176.1886.

This high-to-low spread represents a total annual volatility of 8.9998 PHP. From a start-to-finish perspective, comparing the January average rate of 179.7808 to the December average rate of 180.3301, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 185.1884 was down 2.87% compared to the 2022 peak of 190.6570, 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 925,942 PHP
2022 Average 889,441 PHP
Yearly Trough Low 880,943 PHP
Transaction Impact: A difference of 44,998.81 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

184.4947
178.0008
JanuMarcMayJulySeptNove

KWD to PHP 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: JanтАУJun) was 180.2086, compared to 181.7259 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.5172 points.

H1 Avg (JanтАУJun) 180.2086
H2 Avg (JulтАУDec) 181.7259

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 6.7114 PHP (High: 183.6942 / Low: 176.9827). On the other end, October was the most stable month, with a tight range of 1.7779 PHP (High: 184.5668 / Low: 182.7889).

April Spread (Volatile) ┬▒6.7114
October Spread (Stable) ┬▒1.7779

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 2.9659 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.9659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 183.9535) against the same month in 2022 (average: 186.5265), the exchange rate shifted by -2.5729 (-1.38%).

2023 Avg (September) 183.9535
2022 Avg (September) 186.5265

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 182.6464 178.1272 179.7808
February 181.1630 176.1886 179.2290
March 180.9565 176.5455 178.5420
April 183.6942 176.9827 180.3328
May 183.2418 180.6787 181.7109
June 182.7577 179.5781 181.6563
July 181.4190 177.5070 178.9947
August 184.8476 178.5345 182.8362
September 185.1884 183.2519 183.9535
October 184.5668 182.7889 183.6032
November 183.3892 179.0579 180.6373
December 181.5705 178.9964 180.3301