2023 MXN to KWD Historical Review

YEARLY HIGH

0.0184 KWD

YEARLY LOW

0.0157 KWD

YEARLY AVERAGE

0.0174 KWD

2023 MXN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0184. Conversely, the yearly low was recorded on January 1, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0028 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0179, the exchange rate registered a net change of 11.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0184 was up 15.12% compared to the 2022 peak of 0.0160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 922 KWD

2022 Average 762 KWD

Yearly Trough Low 784 KWD

Transaction Impact: A difference of 137.71 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0183

0.0159

JanuMarcMayJulySeptNove

MXN 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 0.0169, compared to 0.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0169

H2 Avg (Jul–Dec) 0.0178

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 KWD (High: 0.0171 / Low: 0.0160). On the other end, April was the most stable month, with a tight range of 0.0003 KWD (High: 0.0170 / Low: 0.0168).

March Spread (Volatile) ±0.0011

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0181) against the same month in 2022 (average: 0.0153), the exchange rate shifted by +0.0029 (+18.83%).

2023 Avg (August) 0.0181

2022 Avg (August) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0164	0.0157	0.0161
February	0.0168	0.0159	0.0165
March	0.0171	0.0160	0.0167
April	0.0170	0.0168	0.0170
May	0.0176	0.0170	0.0173
June	0.0180	0.0175	0.0178
July	0.0184	0.0178	0.0181
August	0.0184	0.0177	0.0181
September	0.0181	0.0175	0.0179
October	0.0178	0.0169	0.0171
November	0.0180	0.0174	0.0178
December	0.0181	0.0176	0.0179