2023 QAR to KWD Historical Review

YEARLY HIGH

0.0853 KWD

YEARLY LOW

0.0826 KWD

YEARLY AVERAGE

0.0843 KWD

2023 QAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0853. Conversely, the yearly low was recorded on February 4, dropping to 0.0826.

This high-to-low spread represents a total annual volatility of 0.0026 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0839 to the December average rate of 0.0845, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0853 was down 0.20% compared to the 2022 peak of 0.0854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 426 KWD

2022 Average 420 KWD

Yearly Trough Low 413 KWD

Transaction Impact: A difference of 13.19 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0850

0.0837

JanuMarcMayJulySeptNove

QAR 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 0.0841, compared to 0.0846 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) 0.0841

H2 Avg (Jul–Dec) 0.0846

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0020 KWD (High: 0.0846 / Low: 0.0826). On the other end, May was the most stable month, with a tight range of 0.0004 KWD (High: 0.0845 / Low: 0.0840).

February Spread (Volatile) ±0.0020

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0848) against the same month in 2022 (average: 0.0846), the exchange rate shifted by +0.0001 (+0.17%).

2023 Avg (November) 0.0848

2022 Avg (November) 0.0846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0842	0.0833	0.0839
February	0.0846	0.0826	0.0839
March	0.0844	0.0832	0.0841
April	0.0852	0.0833	0.0841
May	0.0845	0.0840	0.0843
June	0.0845	0.0839	0.0843
July	0.0846	0.0840	0.0843
August	0.0847	0.0842	0.0845
September	0.0850	0.0845	0.0848
October	0.0851	0.0847	0.0849
November	0.0853	0.0845	0.0848
December	0.0849	0.0840	0.0845