YEARLY HIGH
221.8279 BTN
YEARLY LOW
215.2728 BTN
YEARLY AVERAGE
219.0591 BTN

2023 BHD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 221.8279. Conversely, the yearly low was recorded on January 22, dropping to 215.2728.

This high-to-low spread represents a total annual volatility of 6.5551 BTN. From a start-to-finish perspective, comparing the January average rate of 217.0811 to the December average rate of 220.9781, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 221.8279 was up 0.51% compared to the 2022 peak of 220.7064, 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 1,109,140 BTN
2022 Average 1,042,178 BTN
Yearly Trough Low 1,076,364 BTN
Transaction Impact: A difference of 32,775.55 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

221.3678
216.6914
JanuMarcMayJulySeptNove

BHD to BTN 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 218.0937, compared to 220.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9309 points.

H1 Avg (Jan–Jun) 218.0937
H2 Avg (Jul–Dec) 220.0246

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.6856 BTN (High: 219.9584 / Low: 215.2728). On the other end, November was the most stable month, with a tight range of 1.4788 BTN (High: 221.2968 / Low: 219.8181).

January Spread (Volatile) ±4.6856
November Spread (Stable) ±1.4788

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.0077 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 220.9781) against the same month in 2022 (average: 218.8270), the exchange rate shifted by +2.1511 (+0.98%).

2023 Avg (December) 220.9781
2022 Avg (December) 218.8270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 219.9584 215.2728 217.0811
February 220.3043 217.0736 219.2833
March 219.7268 216.3517 218.2756
April 218.4948 216.3837 217.4022
May 219.8474 216.6597 218.3591
June 219.4370 216.8001 218.1610
July 219.7337 217.0534 217.9684
August 221.2137 217.9696 219.6239
September 220.9790 219.4509 220.2375
October 220.9799 219.3299 220.5705
November 221.2968 219.8181 220.7690
December 221.8279 220.0575 220.9781