2023 BHD to IDR Historical Review

YEARLY HIGH

42282.4461 IDR

YEARLY LOW

38924.0515 IDR

YEARLY AVERAGE

40445.2037 IDR

2023 BHD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 42282.4461. Conversely, the yearly low was recorded on April 29, dropping to 38924.0515.

This high-to-low spread represents a total annual volatility of 3358.3947 IDR. From a start-to-finish perspective, comparing the January average rate of 40439.9183 to the December average rate of 41062.2033, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42282.4461 was up 0.95% compared to the 2022 peak of 41886.4552, 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 211,412,231 IDR

2022 Average 196,951,286 IDR

Yearly Trough Low 194,620,257 IDR

Transaction Impact: A difference of 16,791,973.33 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42047.1318

39156.2991

JanuMarcMayJulySeptNove

BHD to IDR 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 39978.7569, compared to 40911.6505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 932.8936 points.

H1 Avg (Jan–Jun) 39978.7569

H2 Avg (Jul–Dec) 40911.6505

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1822.9418 IDR (High: 41448.9563 / Low: 39626.0145). On the other end, August was the most stable month, with a tight range of 620.6076 IDR (High: 40778.1236 / Low: 40157.5160).

January Spread (Volatile) ±1822.9418

August Spread (Stable) ±620.6076

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 1137.1001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1137.1001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 41806.2291) against the same month in 2022 (average: 40920.0926), the exchange rate shifted by +886.1365 (+2.17%).

2023 Avg (October) 41806.2291

2022 Avg (October) 40920.0926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41448.9563	39626.0145	40439.9183
February	40630.8973	39509.7420	40264.1617
March	41331.5124	39750.9301	40616.7420
April	39811.3821	38924.0515	39479.6419
May	39821.7479	38927.7764	39397.2018
June	40070.1513	39365.3475	39674.8756
July	40401.0217	39612.7578	39981.0995
August	40778.1236	40157.5160	40488.9504
September	41321.6782	40407.1170	40794.2537
October	42282.4461	40922.9067	41806.2291
November	42181.5624	40731.3844	41337.1667
December	41537.2089	40744.0025	41062.2033