2023 BHD to EGP Historical Review

YEARLY HIGH

82.9189 EGP

YEARLY LOW

65.5471 EGP

YEARLY AVERAGE

81.3445 EGP

2023 BHD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 82.9189. Conversely, the yearly low was recorded on January 2, dropping to 65.5471.

This high-to-low spread represents a total annual volatility of 17.3717 EGP. From a start-to-finish perspective, comparing the January average rate of 75.9280 to the December average rate of 81.9490, the exchange rate registered a net change of 7.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 82.9189 was up 26.17% compared to the 2022 peak of 65.7187, 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 414,594 EGP

2022 Average 254,827 EGP

Yearly Trough Low 327,736 EGP

Transaction Impact: A difference of 86,858.75 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

82.6198

75.3197

JanuMarcMayJulySeptNove

BHD to EGP 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 80.7277, compared to 81.9613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2336 points.

H1 Avg (Jan–Jun) 80.7277

H2 Avg (Jul–Dec) 81.9613

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 14.5106 EGP (High: 80.0577 / Low: 65.5471). On the other end, September was the most stable month, with a tight range of 0.2264 EGP (High: 82.1141 / Low: 81.8877).

January Spread (Volatile) ±14.5106

September Spread (Stable) ±0.2264

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0446 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 81.8788) against the same month in 2022 (average: 48.8627), the exchange rate shifted by +33.0162 (+67.57%).

2023 Avg (April) 81.8788

2022 Avg (April) 48.8627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.0577	65.5471	75.9280
February	81.6086	80.0746	80.9063
March	82.7029	80.8665	81.8009
April	82.9189	81.2545	81.8788
May	82.4935	80.3028	81.8406
June	82.2960	81.6938	82.0115
July	82.5197	81.6913	81.9788
August	82.0996	81.6578	81.9624
September	82.1141	81.8877	81.9802
October	82.1732	81.5315	81.9356
November	82.1191	81.6958	81.9617
December	82.0983	81.6337	81.9490