YEARLY HIGH
75430.5116 STD
YEARLY LOW
71695.9155 STD
YEARLY AVERAGE
73520.4557 STD

2023 KWD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 75430.5116. Conversely, the yearly low was recorded on October 15, dropping to 71695.9155.

This high-to-low spread represents a total annual volatility of 3734.5962 STD. From a start-to-finish perspective, comparing the January average rate of 74696.4061 to the December average rate of 72371.7193, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 75430.5116 was down 1.99% compared to the 2022 peak of 76965.5940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 377,152,558 STD
2022 Average 361,842,655 STD
Yearly Trough Low 358,479,577 STD
Transaction Impact: A difference of 18,672,980.88 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

74960.9726
71786.1742
JanuMarcMayJulySeptNove

KWD to STD 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 74479.8816, compared to 72561.0299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1918.8516 points.

H1 Avg (Jan–Jun) 74479.8816
H2 Avg (Jul–Dec) 72561.0299

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2119.1080 STD (High: 74668.4851 / Low: 72549.3771). On the other end, August was the most stable month, with a tight range of 301.8159 STD (High: 72465.6158 / Low: 72163.7999).

July Spread (Volatile) ±2119.1080
August Spread (Stable) ±301.8159

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 1823.8109 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1823.8109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 74456.4878) against the same month in 2022 (average: 70451.7360), the exchange rate shifted by +4004.7518 (+5.68%).

2023 Avg (March) 74456.4878
2022 Avg (March) 70451.7360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 74939.1448 74413.3572 74696.4061
February 75025.3618 74320.3111 74576.1179
March 75430.5116 74255.7520 74456.4878
April 74759.9567 74161.1716 74491.5061
May 74601.6130 74162.3765 74367.5997
June 74522.6925 74173.7042 74291.1717
July 74668.4851 72549.3771 74178.4850
August 72465.6158 72163.7999 72354.6741
September 72346.0903 72036.4162 72172.1337
October 72172.6822 71695.9155 72050.7407
November 72430.0463 72094.4529 72238.4268
December 72604.4582 72121.0552 72371.7193