2023 BHD to KGS Historical Review

YEARLY HIGH

238.4168 KGS

YEARLY LOW

222.9882 KGS

YEARLY AVERAGE

233.1103 KGS

2023 BHD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 238.4168. Conversely, the yearly low was recorded on January 5, dropping to 222.9882.

This high-to-low spread represents a total annual volatility of 15.4287 KGS. From a start-to-finish perspective, comparing the January average rate of 227.0572 to the December average rate of 236.3892, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 238.4168 was down 12.64% compared to the 2022 peak of 272.9066, 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 1,192,084 KGS

2022 Average 1,117,551 KGS

Yearly Trough Low 1,114,941 KGS

Transaction Impact: A difference of 77,143.33 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

237.5568

226.1027

JanuMarcMayJulySeptNove

BHD to KGS 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 231.0931, compared to 235.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0345 points.

H1 Avg (Jan–Jun) 231.0931

H2 Avg (Jul–Dec) 235.1275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.5992 KGS (High: 228.5873 / Low: 222.9882). On the other end, May was the most stable month, with a tight range of 1.5686 KGS (High: 233.1139 / Low: 231.5453).

January Spread (Volatile) ±5.5992

May Spread (Stable) ±1.5686

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2131 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 236.6023) against the same month in 2022 (average: 222.8220), the exchange rate shifted by +13.7803 (+6.18%).

2023 Avg (November) 236.6023

2022 Avg (November) 222.8220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	228.5873	222.9882	227.0572
February	233.2512	228.4988	230.8948
March	235.0202	231.7327	232.1111
April	234.6110	231.1072	232.2317
May	233.1139	231.5453	232.1189
June	233.0104	231.3614	232.1448
July	234.2075	231.5377	232.8798
August	234.6483	232.6288	233.5983
September	236.0081	234.0828	234.9248
October	237.3922	234.8267	236.3708
November	238.4168	235.0897	236.6023
December	237.0660	235.1528	236.3892