2023 BHD to DJF Historical Review

YEARLY HIGH

478.1761 DJF

YEARLY LOW

466.0908 DJF

YEARLY AVERAGE

471.9235 DJF

2023 BHD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 478.1761. Conversely, the yearly low was recorded on April 29, dropping to 466.0908.

This high-to-low spread represents a total annual volatility of 12.0854 DJF. From a start-to-finish perspective, comparing the January average rate of 471.5718 to the December average rate of 472.3278, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 478.1761 was up 0.38% compared to the 2022 peak of 476.3820, 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 2,390,881 DJF

2022 Average 2,360,867 DJF

Yearly Trough Low 2,330,454 DJF

Transaction Impact: A difference of 60,426.80 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

472.6598

471.2713

JanuMarcMayJulySeptNove

BHD to DJF 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 471.9544, compared to 471.8925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0618 points.

H1 Avg (Jan–Jun) 471.9544

H2 Avg (Jul–Dec) 471.8925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 8.8390 DJF (High: 478.1761 / Low: 469.3371). On the other end, January was the most stable month, with a tight range of 2.3979 DJF (High: 472.6036 / Low: 470.2057).

February Spread (Volatile) ±8.8390

January Spread (Stable) ±2.3979

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8558 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 472.5441) against the same month in 2022 (average: 472.0023), the exchange rate shifted by +0.5418 (+0.11%).

2023 Avg (February) 472.5441

2022 Avg (February) 472.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	472.6036	470.2057	471.5718
February	478.1761	469.3371	472.5441
March	474.2034	469.8487	471.6883
April	472.7065	466.0908	471.5515
May	474.2266	470.8673	471.9604
June	474.8818	470.9765	472.4102
July	473.1208	468.3562	471.6871
August	474.8111	468.7444	471.8369
September	474.8880	470.6981	472.3149
October	473.5439	469.2300	471.8014
November	473.6055	468.2721	471.3870
December	474.8905	470.5142	472.3278