YEARLY HIGH
1249.0054 KMF
YEARLY LOW
1160.4766 KMF
YEARLY AVERAGE
1208.8637 KMF

2023 BHD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1249.0054. Conversely, the yearly low was recorded on July 17, dropping to 1160.4766.

This high-to-low spread represents a total annual volatility of 88.5288 KMF. From a start-to-finish perspective, comparing the January average rate of 1212.5639 to the December average rate of 1196.4775, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1249.0054 was down 8.25% compared to the 2022 peak of 1361.3864, 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 6,245,027 KMF
2022 Average 6,199,213 KMF
Yearly Trough Low 5,802,383 KMF
Transaction Impact: A difference of 442,644.20 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1242.1758
1177.5078
JanuMarcMayJulySeptNove

BHD to KMF 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 1209.8405, compared to 1207.8869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9536 points.

H1 Avg (Jan–Jun) 1209.8405
H2 Avg (Jul–Dec) 1207.8869

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 50.7666 KMF (High: 1239.0248 / Low: 1188.2582). On the other end, October was the most stable month, with a tight range of 19.2264 KMF (High: 1249.0054 / Low: 1229.7790).

November Spread (Volatile) ±50.7666
October Spread (Stable) ±19.2264

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 31.3403 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -31.3403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1236.7868) against the same month in 2022 (average: 1326.2836), the exchange rate shifted by -89.4968 (-6.75%).

2023 Avg (October) 1236.7868
2022 Avg (October) 1326.2836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1241.4134 1196.8203 1212.5639
February 1242.7379 1196.8667 1221.6650
March 1241.3451 1198.4745 1223.0519
April 1204.4089 1181.5116 1191.7116
May 1223.5158 1181.9073 1202.7460
June 1223.7657 1192.1999 1207.3047
July 1204.5359 1160.4766 1182.8968
August 1207.4553 1188.0733 1197.3118
September 1245.1413 1206.8644 1222.9313
October 1249.0054 1229.7790 1236.7868
November 1239.0248 1188.2582 1210.9173
December 1214.6846 1176.7090 1196.4775