2023 BHD to CDF Historical Review

YEARLY HIGH

7409.2372 CDF

YEARLY LOW

5376.0304 CDF

YEARLY AVERAGE

6196.7685 CDF

2023 BHD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 7409.2372. Conversely, the yearly low was recorded on January 18, dropping to 5376.0304.

This high-to-low spread represents a total annual volatility of 2033.2068 CDF. From a start-to-finish perspective, comparing the January average rate of 5435.3379 to the December average rate of 7220.4548, the exchange rate registered a net change of 32.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7409.2372 was up 35.15% compared to the 2022 peak of 5482.4017, 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 37,046,186 CDF

2022 Average 26,785,827 CDF

Yearly Trough Low 26,880,152 CDF

Transaction Impact: A difference of 10,166,034.13 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7398.9665

5256.8262

JanuMarcMayJulySeptNove

BHD to CDF 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 5666.6298, compared to 6726.9073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1060.2774 points.

H1 Avg (Jan–Jun) 5666.6298

H2 Avg (Jul–Dec) 6726.9073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 782.5956 CDF (High: 6195.5732 / Low: 5412.9775). On the other end, February was the most stable month, with a tight range of 108.0873 CDF (High: 5533.1381 / Low: 5425.0507).

May Spread (Volatile) ±782.5956

February Spread (Stable) ±108.0873

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 7220.4548) against the same month in 2022 (average: 5428.1903), the exchange rate shifted by +1792.2645 (+33.02%).

2023 Avg (December) 7220.4548

2022 Avg (December) 5428.1903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5494.5262	5376.0304	5435.3379
February	5533.1381	5425.0507	5475.8951
March	5545.0823	5430.7270	5490.6920
April	5815.1719	5425.8611	5525.1766
May	6195.5732	5412.9775	5807.7022
June	6399.0399	6166.5199	6264.9752
July	6763.5131	6399.0399	6555.0292
August	6598.2006	6472.2859	6567.3650
September	6641.2821	6520.1648	6589.9145
October	6890.9075	6541.0722	6680.1495
November	7224.8705	6524.9708	6748.5306
December	7409.2372	7069.1343	7220.4548