2023 BHD to HNL Historical Review

YEARLY HIGH

66.2177 HNL

YEARLY LOW

64.7419 HNL

YEARLY AVERAGE

65.4462 HNL

2023 BHD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 66.2177. Conversely, the yearly low was recorded on August 5, dropping to 64.7419.

This high-to-low spread represents a total annual volatility of 1.4758 HNL. From a start-to-finish perspective, comparing the January average rate of 65.4389 to the December average rate of 65.5412, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 66.2177 was down 3.96% compared to the 2022 peak of 68.9510, 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 331,088 HNL

2022 Average 326,335 HNL

Yearly Trough Low 323,709 HNL

Transaction Impact: A difference of 7,378.95 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

65.7726

65.2192

JanuMarcMayJulySeptNove

BHD to HNL 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 65.4022, compared to 65.4901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0879 points.

H1 Avg (Jan–Jun) 65.4022

H2 Avg (Jul–Dec) 65.4901

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.2593 HNL (High: 66.0012 / Low: 64.7419). On the other end, January was the most stable month, with a tight range of 0.2249 HNL (High: 65.5621 / Low: 65.3372).

August Spread (Volatile) ±1.2593

January Spread (Stable) ±0.2249

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.2030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 65.4505) against the same month in 2022 (average: 65.2324), the exchange rate shifted by +0.2181 (+0.33%).

2023 Avg (February) 65.4505

2022 Avg (February) 65.2324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.5621	65.3372	65.4389
February	66.2177	64.9763	65.4505
March	65.5927	65.0761	65.3990
April	65.4874	64.9850	65.2653
May	65.5141	64.9907	65.3533
June	65.7611	65.1657	65.5062
July	65.6455	64.8536	65.3819
August	66.0012	64.7419	65.2933
September	66.1857	65.2578	65.7265
October	65.9015	64.9941	65.5235
November	65.6936	64.9509	65.4743
December	65.7657	65.2095	65.5412