2023 BHD to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 1135.3321. Conversely, the yearly low was recorded on September 23, dropping to 1015.8651.
This high-to-low spread represents a total annual volatility of 119.4670 AMD. From a start-to-finish perspective, comparing the January average rate of 1049.3733 to the December average rate of 1072.5246, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1135.3321 was down 17.48% compared to the 2022 peak of 1375.7698, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BHD to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1034.7289, compared to 1048.2026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.4737 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 85.8333 AMD (High: 1135.3321 / Low: 1049.4988). On the other end, June was the most stable month, with a tight range of 9.9915 AMD (High: 1028.8608 / Low: 1018.8693).
Growth Streaks & Declines
TrendsBetween August and October, 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 February and March, when the average rate fell by 15.5124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 1071.6928) against the same month in 2022 (average: 1070.1182), the exchange rate shifted by +1.5746 (+0.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1053.9156 | 1040.1937 | 1049.3733 |
| February | 1064.1665 | 1032.0788 | 1046.2296 |
| March | 1036.3903 | 1023.4250 | 1030.7172 |
| April | 1042.4029 | 1017.8819 | 1030.6749 |
| May | 1032.5552 | 1021.1965 | 1025.8570 |
| June | 1028.8608 | 1018.8693 | 1025.5212 |
| July | 1036.5016 | 1018.8621 | 1028.5309 |
| August | 1031.5283 | 1019.6581 | 1024.9313 |
| September | 1053.3205 | 1015.8651 | 1025.1518 |
| October | 1135.3321 | 1049.4988 | 1071.6928 |
| November | 1069.1843 | 1058.2255 | 1066.3842 |
| December | 1079.3537 | 1064.0705 | 1072.5246 |