YEARLY HIGH
0.0021 BHD
YEARLY LOW
0.0005 BHD
YEARLY AVERAGE
0.0014 BHD

2023 ARS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0021. Conversely, the yearly low was recorded on December 30, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0017 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0007, the exchange rate registered a net change of -66.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0021 was down 41.95% compared to the 2022 peak of 0.0037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 BHD
2022 Average 15 BHD
Yearly Trough Low 2 BHD
Transaction Impact: A difference of 8.33 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0006
JanuMarcMayJulySeptNove

ARS to BHD 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 0.0018, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0006 BHD (High: 0.0010 / Low: 0.0005). On the other end, September was the most stable month, with a tight range of 0.0000 BHD (High: 0.0011 / Low: 0.0011).

December Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0021) against the same month in 2022 (average: 0.0036), the exchange rate shifted by -0.0016 (-42.92%).

2023 Avg (January) 0.0021
2022 Avg (January) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0021
February 0.0020 0.0019 0.0020
March 0.0019 0.0018 0.0019
April 0.0018 0.0017 0.0018
May 0.0017 0.0016 0.0016
June 0.0016 0.0015 0.0015
July 0.0015 0.0014 0.0014
August 0.0014 0.0011 0.0012
September 0.0011 0.0011 0.0011
October 0.0011 0.0011 0.0011
November 0.0011 0.0010 0.0011
December 0.0010 0.0005 0.0007