2023 BHD to AED Historical Review

YEARLY HIGH

9.8742 AED

YEARLY LOW

9.7001 AED

YEARLY AVERAGE

9.7466 AED

2023 BHD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 9.8742. Conversely, the yearly low was recorded on December 17, dropping to 9.7001.

This high-to-low spread represents a total annual volatility of 0.1742 AED. From a start-to-finish perspective, comparing the January average rate of 9.7445 to the December average rate of 9.7399, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.8742 was up 0.72% compared to the 2022 peak of 9.8034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,371 AED

2022 Average 48,712 AED

Yearly Trough Low 48,500 AED

Transaction Impact: A difference of 870.75 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.7528

9.7387

JanuMarcMayJulySeptNove

BHD to AED 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 9.7485, compared to 9.7447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 9.7485

H2 Avg (Jul–Dec) 9.7447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1387 AED (High: 9.8742 / Low: 9.7355). On the other end, January was the most stable month, with a tight range of 0.0211 AED (High: 9.7616 / Low: 9.7405).

March Spread (Volatile) ±0.1387

January Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0100 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.7515) against the same month in 2022 (average: 9.7424), the exchange rate shifted by +0.0092 (+0.09%).

2023 Avg (March) 9.7515

2022 Avg (March) 9.7424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7616	9.7405	9.7445
February	9.8002	9.7398	9.7517
March	9.8742	9.7355	9.7515
April	9.8433	9.7087	9.7491
May	9.8055	9.7392	9.7448
June	9.7823	9.7400	9.7496
July	9.8051	9.7418	9.7515
August	9.7640	9.7074	9.7415
September	9.7716	9.7422	9.7453
October	9.7783	9.7230	9.7433
November	9.8042	9.7210	9.7464
December	9.7644	9.7001	9.7399