YEARLY HIGH
4.8377 ANG
YEARLY LOW
4.7349 ANG
YEARLY AVERAGE
4.7807 ANG

2023 BHD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 4.8377. Conversely, the yearly low was recorded on July 12, dropping to 4.7349.

This high-to-low spread represents a total annual volatility of 0.1027 ANG. From a start-to-finish perspective, comparing the January average rate of 4.7815 to the December average rate of 4.7846, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.8377 was up 0.42% compared to the 2022 peak of 4.8173, 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 24,188 ANG
2022 Average 23,901 ANG
Yearly Trough Low 23,675 ANG
Transaction Impact: A difference of 513.69 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.7862
4.7766
JanuMarcMayJulySeptNove

BHD to ANG 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 4.7815, compared to 4.7799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 4.7815
H2 Avg (Jul–Dec) 4.7799

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0619 ANG (High: 4.8377 / Low: 4.7758). On the other end, January was the most stable month, with a tight range of 0.0181 ANG (High: 4.7901 / Low: 4.7720).

February Spread (Volatile) ±0.0619
January Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4.7854) against the same month in 2022 (average: 4.7806), the exchange rate shifted by +0.0048 (+0.10%).

2023 Avg (February) 4.7854
2022 Avg (February) 4.7806

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7901 4.7720 4.7815
February 4.8377 4.7758 4.7854
March 4.7928 4.7558 4.7782
April 4.7871 4.7662 4.7795
May 4.7974 4.7661 4.7813
June 4.8051 4.7665 4.7831
July 4.7886 4.7349 4.7794
August 4.7931 4.7496 4.7798
September 4.7908 4.7644 4.7807
October 4.7852 4.7495 4.7777
November 4.7846 4.7545 4.7774
December 4.8065 4.7626 4.7846