YEARLY HIGH
0.1143 KWD
YEARLY LOW
0.1096 KWD
YEARLY AVERAGE
0.1125 KWD

2023 WST to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.1143. Conversely, the yearly low was recorded on December 25, dropping to 0.1096.

This high-to-low spread represents a total annual volatility of 0.0047 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1133 to the December average rate of 0.1100, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1143 was down 3.97% compared to the 2022 peak of 0.1190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 572 KWD
2022 Average 573 KWD
Yearly Trough Low 548 KWD
Transaction Impact: A difference of 23.58 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1140
0.1096
JanuMarcMayJulySeptNove

WST 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 0.1130, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1130
H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0040 KWD (High: 0.1143 / Low: 0.1103). On the other end, August was the most stable month, with a tight range of 0.0005 KWD (High: 0.1136 / Low: 0.1131).

October Spread (Volatile) ±0.0040
August Spread (Stable) ±0.0005

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 October and November, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1125) against the same month in 2022 (average: 0.1105), the exchange rate shifted by +0.0019 (+1.76%).

2023 Avg (October) 0.1125
2022 Avg (October) 0.1105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1137 0.1129 0.1133
February 0.1138 0.1128 0.1135
March 0.1139 0.1122 0.1136
April 0.1129 0.1120 0.1124
May 0.1129 0.1123 0.1126
June 0.1129 0.1124 0.1127
July 0.1130 0.1122 0.1126
August 0.1136 0.1131 0.1133
September 0.1138 0.1133 0.1136
October 0.1143 0.1103 0.1125
November 0.1104 0.1099 0.1102
December 0.1103 0.1096 0.1100