2023 AZN to BHD Historical Review

YEARLY HIGH

0.2227 BHD

YEARLY LOW

0.2188 BHD

YEARLY AVERAGE

0.2217 BHD

2023 AZN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.2227. Conversely, the yearly low was recorded on March 19, dropping to 0.2188.

This high-to-low spread represents a total annual volatility of 0.0039 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2217 to the December average rate of 0.2218, 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 0.2227 was down 0.16% compared to the 2022 peak of 0.2231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,114 BHD

2022 Average 1,109 BHD

Yearly Trough Low 1,094 BHD

Transaction Impact: A difference of 19.56 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2218

0.2215

JanuMarcMayJulySeptNove

AZN 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 0.2216, compared to 0.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2216

H2 Avg (Jul–Dec) 0.2217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0031 BHD (High: 0.2219 / Low: 0.2188). On the other end, January was the most stable month, with a tight range of 0.0005 BHD (High: 0.2218 / Low: 0.2213).

March Spread (Volatile) ±0.0031

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2218) against the same month in 2022 (average: 0.2217), the exchange rate shifted by +0.0001 (+0.06%).

2023 Avg (December) 0.2218

2022 Avg (December) 0.2217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2218	0.2213	0.2217
February	0.2218	0.2205	0.2216
March	0.2219	0.2188	0.2215
April	0.2225	0.2194	0.2216
May	0.2218	0.2203	0.2217
June	0.2218	0.2208	0.2216
July	0.2218	0.2204	0.2215
August	0.2226	0.2213	0.2218
September	0.2218	0.2211	0.2217
October	0.2222	0.2210	0.2218
November	0.2222	0.2204	0.2216
December	0.2227	0.2212	0.2218