2023 BHD to BRL Historical Review

YEARLY HIGH

14.5329 BRL

YEARLY LOW

12.5386 BRL

YEARLY AVERAGE

13.2544 BRL

2023 BHD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 14.5329. Conversely, the yearly low was recorded on July 31, dropping to 12.5386.

This high-to-low spread represents a total annual volatility of 1.9943 BRL. From a start-to-finish perspective, comparing the January average rate of 13.7642 to the December average rate of 12.9874, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.5329 was down 4.03% compared to the 2022 peak of 15.1424, 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 72,664 BRL

2022 Average 68,480 BRL

Yearly Trough Low 62,693 BRL

Transaction Impact: A difference of 9,971.48 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.9462

12.6304

JanuMarcMayJulySeptNove

BHD to BRL 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 13.4586, compared to 13.0502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4085 points.

H1 Avg (Jan–Jun) 13.4586

H2 Avg (Jul–Dec) 13.0502

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.0948 BRL (High: 14.5329 / Low: 13.4381). On the other end, November was the most stable month, with a tight range of 0.2618 BRL (High: 13.1385 / Low: 12.8767).

January Spread (Volatile) ±1.0948

November Spread (Stable) ±0.2618

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.5233 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.7642) against the same month in 2022 (average: 14.6508), the exchange rate shifted by -0.8866 (-6.05%).

2023 Avg (January) 13.7642

2022 Avg (January) 14.6508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.5329	13.4381	13.7642
February	14.0330	13.3985	13.7515
March	14.1932	13.4462	13.8366
April	13.4945	13.0209	13.3133
May	13.4095	12.9709	13.2059
June	13.3016	12.6401	12.8804
July	13.0528	12.5386	12.7401
August	13.2360	12.7151	13.0173
September	13.3805	12.8805	13.1226
October	13.7084	13.2268	13.4292
November	13.1385	12.8767	13.0047
December	13.1727	12.7767	12.9874