YEARLY HIGH
13188.6796 COP
YEARLY LOW
10185.6082 COP
YEARLY AVERAGE
11477.3037 COP

2023 BHD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 13188.6796. Conversely, the yearly low was recorded on December 27, dropping to 10185.6082.

This high-to-low spread represents a total annual volatility of 3003.0714 COP. From a start-to-finish perspective, comparing the January average rate of 12504.9418 to the December average rate of 10494.2698, the exchange rate registered a net change of -16.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13188.6796 was down 1.99% compared to the 2022 peak of 13456.8714, 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 65,943,398 COP
2022 Average 56,464,364 COP
Yearly Trough Low 50,928,041 COP
Transaction Impact: A difference of 15,015,357.16 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12956.3319
10270.4460
JanuMarcMayJulySeptNove

BHD to COP 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 12184.9277, compared to 10769.6797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1415.2479 points.

H1 Avg (Jan–Jun) 12184.9277
H2 Avg (Jul–Dec) 10769.6797

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1293.1909 COP (High: 13188.2392 / Low: 11895.0483). On the other end, November was the most stable month, with a tight range of 382.3686 COP (High: 10885.4514 / Low: 10503.0828).

January Spread (Volatile) ±1293.1909
November Spread (Stable) ±382.3686

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 896.2452 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -896.2452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12732.5080) against the same month in 2022 (average: 10450.2055), the exchange rate shifted by +2282.3025 (+21.84%).

2023 Avg (February) 12732.5080
2022 Avg (February) 10450.2055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13188.2392 11895.0483 12504.9418
February 13188.6796 12252.7311 12732.5080
March 12929.0387 12223.3911 12632.7067
April 12437.8288 11647.7291 12037.4384
May 12426.2360 11642.4952 12049.1081
June 11745.1112 10809.9216 11152.8629
July 11210.6603 10426.1498 10792.8419
August 11005.4981 10385.9166 10801.0198
September 10894.0766 10350.7226 10638.0642
October 11565.3784 10802.3817 11196.5427
November 10885.4514 10503.0828 10695.3398
December 10692.3764 10185.6082 10494.2698