2023 PEN to KWD Historical Review

YEARLY HIGH

0.0861 KWD

YEARLY LOW

0.0782 KWD

YEARLY AVERAGE

0.0822 KWD

2023 PEN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0861. Conversely, the yearly low was recorded on January 26, dropping to 0.0782.

This high-to-low spread represents a total annual volatility of 0.0079 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0799 to the December average rate of 0.0824, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0861 was up 2.92% compared to the 2022 peak of 0.0837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 431 KWD

2022 Average 400 KWD

Yearly Trough Low 391 KWD

Transaction Impact: A difference of 39.59 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0858

0.0792

JanuMarcMayJulySeptNove

PEN 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 0.0817, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0817

H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0028 KWD (High: 0.0829 / Low: 0.0801). On the other end, March was the most stable month, with a tight range of 0.0010 KWD (High: 0.0817 / Low: 0.0807).

November Spread (Volatile) ±0.0028

March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0852) against the same month in 2022 (average: 0.0789), the exchange rate shifted by +0.0063 (+8.01%).

2023 Avg (July) 0.0852

2022 Avg (July) 0.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0809	0.0782	0.0799
February	0.0808	0.0785	0.0798
March	0.0817	0.0807	0.0812
April	0.0829	0.0810	0.0816
May	0.0841	0.0825	0.0833
June	0.0850	0.0830	0.0843
July	0.0861	0.0843	0.0852
August	0.0853	0.0825	0.0834
September	0.0835	0.0814	0.0829
October	0.0815	0.0797	0.0806
November	0.0829	0.0801	0.0818
December	0.0833	0.0812	0.0824