2023 BHD to EUR Historical Review

YEARLY HIGH

2.5337 EUR

YEARLY LOW

2.3599 EUR

YEARLY AVERAGE

2.4525 EUR

2023 BHD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.5337. Conversely, the yearly low was recorded on July 17, dropping to 2.3599.

This high-to-low spread represents a total annual volatility of 0.1738 EUR. From a start-to-finish perspective, comparing the January average rate of 2.4595 to the December average rate of 2.4281, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5337 was down 8.34% compared to the 2022 peak of 2.7643, 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 12,669 EUR

2022 Average 12,613 EUR

Yearly Trough Low 11,800 EUR

Transaction Impact: A difference of 868.81 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5216

2.3901

JanuMarcMayJulySeptNove

BHD to EUR 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 2.4536, compared to 2.4514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 2.4536

H2 Avg (Jul–Dec) 2.4514

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1135 EUR (High: 2.4798 / Low: 2.3663). On the other end, October was the most stable month, with a tight range of 0.0479 EUR (High: 2.5337 / Low: 2.4858).

May Spread (Volatile) ±0.1135

October Spread (Stable) ±0.0479

Growth Streaks & Declines

Trends

Between 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 0.0622 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.5107) against the same month in 2022 (average: 2.6957), the exchange rate shifted by -0.1850 (-6.86%).

2023 Avg (October) 2.5107

2022 Avg (October) 2.6957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5212	2.4288	2.4595
February	2.5175	2.4084	2.4809
March	2.5170	2.4325	2.4781
April	2.4573	2.3839	2.4159
May	2.4798	2.3663	2.4394
June	2.4831	2.4140	2.4479
July	2.4467	2.3599	2.4011
August	2.4564	2.4055	2.4310
September	2.5253	2.4579	2.4847
October	2.5337	2.4858	2.5107
November	2.5047	2.4114	2.4526
December	2.4647	2.3882	2.4281