YEARLY HIGH
0.0374 KWD
YEARLY LOW
0.0362 KWD
YEARLY AVERAGE
0.0368 KWD

2023 SBD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0374. Conversely, the yearly low was recorded on July 6, dropping to 0.0362.

This high-to-low spread represents a total annual volatility of 0.0013 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0364, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0374 was down 2.04% compared to the 2022 peak of 0.0382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187 KWD
2022 Average 188 KWD
Yearly Trough Low 181 KWD
Transaction Impact: A difference of 6.34 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0373
0.0363
JanuMarcMayJulySeptNove

SBD 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 0.0370, compared to 0.0366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0370
H2 Avg (Jul–Dec) 0.0366

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0007 KWD (High: 0.0369 / Low: 0.0362). On the other end, June was the most stable month, with a tight range of 0.0002 KWD (High: 0.0369 / Low: 0.0367).

July Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0372) against the same month in 2022 (average: 0.0378), the exchange rate shifted by -0.0005 (-1.34%).

2023 Avg (March) 0.0372
2022 Avg (March) 0.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0372 0.0367 0.0370
February 0.0373 0.0370 0.0372
March 0.0374 0.0369 0.0372
April 0.0373 0.0366 0.0369
May 0.0369 0.0367 0.0369
June 0.0369 0.0367 0.0369
July 0.0369 0.0362 0.0367
August 0.0369 0.0367 0.0368
September 0.0370 0.0365 0.0368
October 0.0369 0.0364 0.0367
November 0.0368 0.0363 0.0366
December 0.0365 0.0363 0.0364