YEARLY HIGH
0.2132 BHD
YEARLY LOW
0.2066 BHD
YEARLY AVERAGE
0.2093 BHD

2023 AWG to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.2132. Conversely, the yearly low was recorded on March 19, dropping to 0.2066.

This high-to-low spread represents a total annual volatility of 0.0065 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2093 to the December average rate of 0.2093, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2132 was up 1.19% compared to the 2022 peak of 0.2107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,066 BHD
2022 Average 1,047 BHD
Yearly Trough Low 1,033 BHD
Transaction Impact: A difference of 32.71 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2098
0.2090
JanuMarcMayJulySeptNove

AWG 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 0.2092, compared to 0.2093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2092
H2 Avg (Jul–Dec) 0.2093

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0051 BHD (High: 0.2132 / Low: 0.2081). On the other end, January was the most stable month, with a tight range of 0.0004 BHD (High: 0.2095 / Low: 0.2090).

November Spread (Volatile) ±0.0051
January Spread (Stable) ±0.0004

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 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2097) against the same month in 2022 (average: 0.2093), the exchange rate shifted by +0.0005 (+0.22%).

2023 Avg (November) 0.2097
2022 Avg (November) 0.2093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2095 0.2090 0.2093
February 0.2095 0.2082 0.2091
March 0.2096 0.2066 0.2091
April 0.2099 0.2072 0.2091
May 0.2095 0.2081 0.2092
June 0.2095 0.2086 0.2091
July 0.2095 0.2078 0.2090
August 0.2099 0.2090 0.2093
September 0.2097 0.2091 0.2093
October 0.2099 0.2087 0.2093
November 0.2132 0.2081 0.2097
December 0.2103 0.2087 0.2093