2023 BHD to BOB Historical Review

YEARLY HIGH

18.5483 BOB

YEARLY LOW

18.1543 BOB

YEARLY AVERAGE

18.3310 BOB

2023 BHD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 18.5483. Conversely, the yearly low was recorded on July 12, dropping to 18.1543.

This high-to-low spread represents a total annual volatility of 0.3941 BOB. From a start-to-finish perspective, comparing the January average rate of 18.3326 to the December average rate of 18.3467, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.5483 was up 0.45% compared to the 2022 peak of 18.4656, 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 92,742 BOB

2022 Average 91,413 BOB

Yearly Trough Low 90,771 BOB

Transaction Impact: A difference of 1,970.29 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.3513

18.3117

JanuMarcMayJulySeptNove

BHD to BOB 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 18.3351, compared to 18.3269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 18.3351

H2 Avg (Jul–Dec) 18.3269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2558 BOB (High: 18.4101 / Low: 18.1543). On the other end, January was the most stable month, with a tight range of 0.0693 BOB (High: 18.3657 / Low: 18.2964).

July Spread (Volatile) ±0.2558

January Spread (Stable) ±0.0693

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 February and March, when the average rate fell by 0.0266 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 18.3480) against the same month in 2022 (average: 18.2572), the exchange rate shifted by +0.0908 (+0.50%).

2023 Avg (February) 18.3480

2022 Avg (February) 18.2572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3657	18.2964	18.3326
February	18.5483	18.3107	18.3480
March	18.3766	18.2333	18.3214
April	18.5221	18.2736	18.3405
May	18.3949	18.2750	18.3293
June	18.4231	18.2754	18.3390
July	18.4101	18.1543	18.3279
August	18.3783	18.1985	18.3261
September	18.3680	18.2667	18.3295
October	18.3458	18.2109	18.3166
November	18.3450	18.2300	18.3150
December	18.4279	18.2599	18.3467