2023 SCR to KWD Historical Review

YEARLY HIGH

0.0243 KWD

YEARLY LOW

0.0216 KWD

YEARLY AVERAGE

0.0229 KWD

2023 SCR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0243. Conversely, the yearly low was recorded on January 26, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0027 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0229, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0243 was down 0.41% compared to the 2022 peak of 0.0244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 KWD

2022 Average 113 KWD

Yearly Trough Low 108 KWD

Transaction Impact: A difference of 13.46 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0236

0.0223

JanuMarcMayJulySeptNove

SCR 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 0.0226, compared to 0.0231 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) 0.0226

H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0021 KWD (High: 0.0237 / Low: 0.0216). On the other end, August was the most stable month, with a tight range of 0.0009 KWD (High: 0.0234 / Low: 0.0225).

January Spread (Volatile) ±0.0021

August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, 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 (October 2023: 0.0232) against the same month in 2022 (average: 0.0232), the exchange rate shifted by -0.0000 (-0.06%).

2023 Avg (October) 0.0232

2022 Avg (October) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0237	0.0216	0.0226
February	0.0236	0.0216	0.0226
March	0.0236	0.0218	0.0228
April	0.0237	0.0218	0.0227
May	0.0234	0.0219	0.0227
June	0.0234	0.0217	0.0224
July	0.0235	0.0217	0.0230
August	0.0234	0.0225	0.0230
September	0.0243	0.0227	0.0235
October	0.0243	0.0224	0.0232
November	0.0236	0.0225	0.0231
December	0.0239	0.0220	0.0229