2023 TRY to KWD Historical Review

YEARLY HIGH

0.0164 KWD

YEARLY LOW

0.0104 KWD

YEARLY AVERAGE

0.0133 KWD

2023 TRY to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0164. Conversely, the yearly low was recorded on December 28, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0060 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0106, the exchange rate registered a net change of -34.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0164 was down 29.34% compared to the 2022 peak of 0.0232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 818 KWD

2022 Average 937 KWD

Yearly Trough Low 520 KWD

Transaction Impact: A difference of 298.35 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0168

0.0100

JanuMarcMayJulySeptNove

TRY 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 0.0155, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.0155

H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0029 KWD (High: 0.0147 / Low: 0.0118). On the other end, February was the most stable month, with a tight range of 0.0001 KWD (High: 0.0163 / Low: 0.0162).

June Spread (Volatile) ±0.0029

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0025 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0163) against the same month in 2022 (average: 0.0224), the exchange rate shifted by -0.0061 (-27.23%).

2023 Avg (January) 0.0163

2022 Avg (January) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0164	0.0162	0.0163
February	0.0163	0.0162	0.0162
March	0.0163	0.0159	0.0161
April	0.0160	0.0157	0.0158
May	0.0157	0.0148	0.0155
June	0.0147	0.0118	0.0130
July	0.0119	0.0114	0.0116
August	0.0119	0.0113	0.0114
September	0.0115	0.0113	0.0114
October	0.0113	0.0109	0.0111
November	0.0109	0.0107	0.0108
December	0.0107	0.0104	0.0106