2023 BHD to CRC Historical Review

YEARLY HIGH

1570.9348 CRC

YEARLY LOW

1378.4662 CRC

YEARLY AVERAGE

1437.4308 CRC

2023 BHD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1570.9348. Conversely, the yearly low was recorded on December 29, dropping to 1378.4662.

This high-to-low spread represents a total annual volatility of 192.4685 CRC. From a start-to-finish perspective, comparing the January average rate of 1524.8391 to the December average rate of 1392.8214, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1570.9348 was down 14.38% compared to the 2022 peak of 1834.8755, 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 7,854,674 CRC

2022 Average 8,556,784 CRC

Yearly Trough Low 6,892,331 CRC

Transaction Impact: A difference of 962,342.74 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1538.0409

1379.6196

JanuMarcMayJulySeptNove

BHD to CRC 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 1459.2168, compared to 1415.6448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 43.5720 points.

H1 Avg (Jan–Jun) 1459.2168

H2 Avg (Jul–Dec) 1415.6448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 105.8972 CRC (High: 1570.9348 / Low: 1465.0376). On the other end, November was the most stable month, with a tight range of 15.4497 CRC (High: 1415.9375 / Low: 1400.4878).

January Spread (Volatile) ±105.8972

November Spread (Stable) ±15.4497

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 51.7958 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -51.7958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1524.8391) against the same month in 2022 (average: 1694.6774), the exchange rate shifted by -169.8383 (-10.02%).

2023 Avg (January) 1524.8391

2022 Avg (January) 1694.6774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1570.9348	1465.0376	1524.8391
February	1542.9632	1462.7499	1500.4496
March	1485.4971	1429.2381	1448.6538
April	1439.8461	1407.4931	1421.8374
May	1441.6400	1415.2456	1426.2392
June	1441.5533	1423.9545	1433.2814
July	1454.7207	1420.0928	1434.0901
August	1447.3032	1413.6279	1427.4106
September	1431.4542	1405.5272	1420.9688
October	1422.5671	1405.5032	1410.9241
November	1415.9375	1400.4878	1407.6536
December	1404.8448	1378.4662	1392.8214