YEARLY HIGH
2.5029 CHF
YEARLY LOW
2.2275 CHF
YEARLY AVERAGE
2.3848 CHF

2023 BHD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.5029. Conversely, the yearly low was recorded on December 31, dropping to 2.2275.

This high-to-low spread represents a total annual volatility of 0.2754 CHF. From a start-to-finish perspective, comparing the January average rate of 2.4515 to the December average rate of 2.2910, the exchange rate registered a net change of -6.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5029 was down 6.88% compared to the 2022 peak of 2.6879, 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 12,515 CHF
2022 Average 12,662 CHF
Yearly Trough Low 11,138 CHF
Transaction Impact: A difference of 1,377.13 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4772
2.2741
JanuMarcMayJulySeptNove

BHD to CHF 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 2.4213, compared to 2.3483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0730 points.

H1 Avg (Jan–Jun) 2.4213
H2 Avg (Jul–Dec) 2.3483

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1139 CHF (High: 2.3899 / Low: 2.2760). On the other end, August was the most stable month, with a tight range of 0.0340 CHF (High: 2.3485 / Low: 2.3144).

July Spread (Volatile) ±0.1139
August Spread (Stable) ±0.0340

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 November and December, when the average rate fell by 0.0738 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.4603) against the same month in 2022 (average: 2.4486), the exchange rate shifted by +0.0117 (+0.48%).

2023 Avg (February) 2.4603
2022 Avg (February) 2.4486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4832 2.4285 2.4515
February 2.5029 2.4063 2.4603
March 2.4999 2.4208 2.4568
April 2.4366 2.3535 2.3863
May 2.4135 2.3427 2.3835
June 2.4166 2.3656 2.3894
July 2.3899 2.2760 2.3214
August 2.3485 2.3144 2.3303
September 2.4430 2.3469 2.3854
October 2.4433 2.3635 2.3969
November 2.4030 2.3175 2.3648
December 2.3348 2.2275 2.2910