2023 BHD to INR Historical Review

YEARLY HIGH

221.9731 INR

YEARLY LOW

214.8166 INR

YEARLY AVERAGE

219.1207 INR

2023 BHD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 221.9731. Conversely, the yearly low was recorded on January 22, dropping to 214.8166.

This high-to-low spread represents a total annual volatility of 7.1565 INR. From a start-to-finish perspective, comparing the January average rate of 216.8210 to the December average rate of 220.7706, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 221.9731 was up 0.82% compared to the 2022 peak of 220.1646, 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 1,109,866 INR

2022 Average 1,042,439 INR

Yearly Trough Low 1,074,083 INR

Transaction Impact: A difference of 35,782.57 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

221.3734

216.4071

JanuMarcMayJulySeptNove

BHD to INR 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 218.1155, compared to 220.1259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0103 points.

H1 Avg (Jan–Jun) 218.1155

H2 Avg (Jul–Dec) 220.1259

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.8917 INR (High: 221.8891 / Low: 216.9974). On the other end, September was the most stable month, with a tight range of 1.5613 INR (High: 220.9891 / Low: 219.4278).

March Spread (Volatile) ±4.8917

September Spread (Stable) ±1.5613

Growth Streaks & Declines

Trends

Between June and November, 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 1.0270 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 220.9595) against the same month in 2022 (average: 216.3642), the exchange rate shifted by +4.5953 (+2.12%).

2023 Avg (November) 220.9595

2022 Avg (November) 216.3642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	219.6836	214.8166	216.8210
February	220.8323	216.7239	219.3829
March	221.8891	216.9974	218.3559
April	219.1304	216.6282	217.5590
May	220.2309	216.7410	218.4526
June	219.1608	217.2272	218.1218
July	220.5287	217.0441	218.2124
August	221.0845	218.3114	219.7030
September	220.9891	219.4278	220.3403
October	221.6068	219.8597	220.7692
November	221.9731	220.2467	220.9595
December	221.3846	219.3283	220.7706