2023 BHD to GTQ Historical Review

YEARLY HIGH

21.0714 GTQ

YEARLY LOW

20.6006 GTQ

YEARLY AVERAGE

20.7775 GTQ

2023 BHD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 21.0714. Conversely, the yearly low was recorded on March 17, dropping to 20.6006.

This high-to-low spread represents a total annual volatility of 0.4708 GTQ. From a start-to-finish perspective, comparing the January average rate of 20.8215 to the December average rate of 20.7719, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.0714 was up 0.17% compared to the 2022 peak of 21.0351, 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 105,357 GTQ

2022 Average 102,789 GTQ

Yearly Trough Low 103,003 GTQ

Transaction Impact: A difference of 2,354.06 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.8926

20.6618

JanuMarcMayJulySeptNove

BHD to GTQ 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 20.7474, compared to 20.8075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0601 points.

H1 Avg (Jan–Jun) 20.7474

H2 Avg (Jul–Dec) 20.8075

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3669 GTQ (High: 21.0714 / Low: 20.7045). On the other end, January was the most stable month, with a tight range of 0.0791 GTQ (High: 20.8644 / Low: 20.7853).

February Spread (Volatile) ±0.3669

January Spread (Stable) ±0.0791

Growth Streaks & Declines

Trends

Between April and September, 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 0.1079 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 20.7945) against the same month in 2022 (average: 20.4193), the exchange rate shifted by +0.3752 (+1.84%).

2023 Avg (February) 20.7945

2022 Avg (February) 20.4193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8644	20.7853	20.8215
February	21.0714	20.7045	20.7945
March	20.7519	20.6006	20.6866
April	20.7202	20.6215	20.6810
May	20.7707	20.6273	20.7063
June	20.8817	20.7315	20.7947
July	20.8520	20.6047	20.8097
August	20.9184	20.7058	20.8372
September	20.9198	20.8045	20.8734
October	20.8640	20.6752	20.7952
November	20.7997	20.6689	20.7577
December	20.8592	20.6994	20.7719