2023 BHD to GYD Historical Review

YEARLY HIGH

566.9134 GYD

YEARLY LOW

551.3465 GYD

YEARLY AVERAGE

557.6675 GYD

2023 BHD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 566.9134. Conversely, the yearly low was recorded on October 7, dropping to 551.3465.

This high-to-low spread represents a total annual volatility of 15.5669 GYD. From a start-to-finish perspective, comparing the January average rate of 556.3303 to the December average rate of 555.5836, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 566.9134 was up 1.34% compared to the 2022 peak of 559.3974, 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 2,834,567 GYD

2022 Average 2,774,878 GYD

Yearly Trough Low 2,756,732 GYD

Transaction Impact: A difference of 77,834.54 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

561.9642

554.2112

JanuMarcMayJulySeptNove

BHD to GYD 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 559.9019, compared to 555.4331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4688 points.

H1 Avg (Jan–Jun) 559.9019

H2 Avg (Jul–Dec) 555.4331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 8.4230 GYD (High: 559.7913 / Low: 551.3683). On the other end, September was the most stable month, with a tight range of 3.0551 GYD (High: 556.1258 / Low: 553.0707).

August Spread (Volatile) ±8.4230

September Spread (Stable) ±3.0551

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 4.2396 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.2396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 561.1103) against the same month in 2022 (average: 555.2993), the exchange rate shifted by +5.8110 (+1.05%).

2023 Avg (April) 561.1103

2022 Avg (April) 555.2993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	560.1469	553.9534	556.3303
February	566.3891	559.1215	560.2670
March	561.1138	556.7911	559.4092
April	566.9134	559.3482	561.1103
May	563.0022	559.3325	560.9763
June	563.9103	559.3594	561.3182
July	561.6234	553.2806	557.0786
August	559.7913	551.3683	555.1264
September	556.1258	553.0707	555.0420
October	556.6539	551.3465	554.8573
November	560.1292	551.9283	554.9108
December	557.8678	552.8657	555.5836