2023 BHD to IQD Historical Review

YEARLY HIGH

3920.1787 IQD

YEARLY LOW

3445.4095 IQD

YEARLY AVERAGE

3607.3975 IQD

2023 BHD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 3920.1787. Conversely, the yearly low was recorded on November 4, dropping to 3445.4095.

This high-to-low spread represents a total annual volatility of 474.7692 IQD. From a start-to-finish perspective, comparing the January average rate of 3872.6196 to the December average rate of 3476.0400, the exchange rate registered a net change of -10.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3920.1787 was up 0.51% compared to the 2022 peak of 3900.4272, 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 19,600,893 IQD

2022 Average 19,359,117 IQD

Yearly Trough Low 17,227,047 IQD

Transaction Impact: A difference of 2,373,846.16 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3916.1909

3429.7923

JanuMarcMayJulySeptNove

BHD to IQD 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 3741.2430, compared to 3473.5521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 267.6909 points.

H1 Avg (Jan–Jun) 3741.2430

H2 Avg (Jul–Dec) 3473.5521

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 425.4320 IQD (High: 3916.4386 / Low: 3491.0066). On the other end, January was the most stable month, with a tight range of 14.3352 IQD (High: 3880.1615 / Low: 3865.8263).

April Spread (Volatile) ±425.4320

January Spread (Stable) ±14.3352

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 350.8042 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -350.8042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3875.6577) against the same month in 2022 (average: 3871.7835), the exchange rate shifted by +3.8742 (+0.10%).

2023 Avg (February) 3875.6577

2022 Avg (February) 3871.7835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3880.1615	3865.8263	3872.6196
February	3920.1787	3847.2749	3875.6577
March	3879.6653	3851.2299	3870.1192
April	3916.4386	3491.0066	3851.7719
May	3877.0703	3464.3874	3500.9677
June	3491.1992	3467.3695	3476.3218
July	3479.2035	3450.7831	3474.2085
August	3501.9088	3448.6533	3473.5023
September	3481.1789	3461.9430	3474.4977
October	3479.0224	3452.4436	3472.7386
November	3477.6676	3445.4095	3470.3255
December	3493.7406	3461.8693	3476.0400