2023 BHD to CZK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to CZK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 62.3230. Conversely, the yearly low was recorded on April 13, dropping to 55.7859.
This high-to-low spread represents a total annual volatility of 6.5372 CZK. From a start-to-finish perspective, comparing the January average rate of 58.9187 to the December average rate of 59.4734, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 62.3230 was down 8.64% compared to the 2022 peak of 68.2199, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BHD to CZK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 58.1641, compared to 59.6354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4714 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 3.3293 CZK (High: 61.8050 / Low: 58.4757). On the other end, October was the most stable month, with a tight range of 1.2260 CZK (High: 62.3230 / Low: 61.0970).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 1.9837 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 61.7186) against the same month in 2022 (average: 66.1214), the exchange rate shifted by -4.4028 (-6.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.6416 | 57.7513 | 58.9187 |
| February | 59.6740 | 57.3040 | 58.8575 |
| March | 60.4837 | 57.2385 | 58.7418 |
| April | 57.7090 | 55.7859 | 56.7580 |
| May | 58.8216 | 56.3019 | 57.6862 |
| June | 58.7188 | 57.2093 | 58.0221 |
| July | 58.2289 | 56.1096 | 57.3675 |
| August | 59.2918 | 57.7228 | 58.6400 |
| September | 61.4830 | 59.2908 | 60.6003 |
| October | 62.3230 | 61.0970 | 61.7186 |
| November | 61.8050 | 58.4757 | 60.0131 |
| December | 60.1986 | 58.9237 | 59.4734 |