2023 BHD to BWP Historical Review

YEARLY HIGH

36.7461 BWP

YEARLY LOW

33.5590 BWP

YEARLY AVERAGE

35.4383 BWP

2023 BHD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 36.7461. Conversely, the yearly low was recorded on January 15, dropping to 33.5590.

This high-to-low spread represents a total annual volatility of 3.1871 BWP. From a start-to-finish perspective, comparing the January average rate of 33.8898 to the December average rate of 35.8196, the exchange rate registered a net change of 5.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.7461 was up 2.42% compared to the 2022 peak of 35.8771, 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 183,731 BWP

2022 Average 164,075 BWP

Yearly Trough Low 167,795 BWP

Transaction Impact: A difference of 15,935.66 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.6903

33.6352

JanuMarcMayJulySeptNove

BHD to BWP 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 34.9990, compared to 35.8776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8786 points.

H1 Avg (Jan–Jun) 34.9990

H2 Avg (Jul–Dec) 35.8776

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.7776 BWP (High: 35.4378 / Low: 33.6602). On the other end, April was the most stable month, with a tight range of 0.5904 BWP (High: 35.1313 / Low: 34.5409).

February Spread (Volatile) ±1.7776

April Spread (Stable) ±0.5904

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 October and November, when the average rate fell by 0.5701 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 36.4357) against the same month in 2022 (average: 35.4649), the exchange rate shifted by +0.9708 (+2.74%).

2023 Avg (October) 36.4357

2022 Avg (October) 35.4649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.2132	33.5590	33.8898
February	35.4378	33.6602	34.7392
March	35.5717	34.5489	35.0974
April	35.1313	34.5409	34.8414
May	36.5649	34.8887	35.7451
June	36.5733	35.0897	35.6813
July	36.0258	34.4628	35.1489
August	36.1710	35.0554	35.7876
September	36.5812	35.8241	36.2082
October	36.7461	36.1510	36.4357
November	36.1883	35.4146	35.8656
December	36.3802	35.3827	35.8196