YEARLY HIGH
154.1561 DOP
YEARLY LOW
144.2883 DOP
YEARLY AVERAGE
148.5827 DOP

2023 BHD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 154.1561. Conversely, the yearly low was recorded on May 4, dropping to 144.2883.

This high-to-low spread represents a total annual volatility of 9.8678 DOP. From a start-to-finish perspective, comparing the January average rate of 150.1331 to the December average rate of 152.0470, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 154.1561 was up 0.47% compared to the 2022 peak of 153.4324, 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 770,780 DOP
2022 Average 728,865 DOP
Yearly Trough Low 721,441 DOP
Transaction Impact: A difference of 49,339.08 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

152.7809
143.9738
JanuMarcMayJulySeptNove

BHD to DOP 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 146.7928, compared to 150.3727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5798 points.

H1 Avg (Jan–Jun) 146.7928
H2 Avg (Jul–Dec) 150.3727

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.6678 DOP (High: 152.1060 / Low: 147.4382). On the other end, May was the most stable month, with a tight range of 1.0987 DOP (High: 145.3870 / Low: 144.2883).

February Spread (Volatile) ±4.6678
May Spread (Stable) ±1.0987

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.2589 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.2589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 152.0470) against the same month in 2022 (average: 146.8652), the exchange rate shifted by +5.1818 (+3.53%).

2023 Avg (December) 152.0470
2022 Avg (December) 146.8652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 150.8213 149.2415 150.1331
February 152.1060 147.4382 149.1539
March 147.5718 144.7597 145.8950
April 145.7222 144.4378 145.2095
May 145.3870 144.2883 144.7077
June 146.9655 144.7691 145.6578
July 149.1085 146.2570 148.1510
August 150.7237 148.6550 150.1824
September 151.1492 150.0308 150.5847
October 151.0590 149.7022 150.6687
November 151.3355 149.2977 150.6021
December 154.1561 150.4928 152.0470