2023 BHD to KPW Historical Review

YEARLY HIGH

2419.5630 KPW

YEARLY LOW

2377.0598 KPW

YEARLY AVERAGE

2388.3465 KPW

2023 BHD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2419.5630. Conversely, the yearly low was recorded on December 17, dropping to 2377.0598.

This high-to-low spread represents a total annual volatility of 42.5032 KPW. From a start-to-finish perspective, comparing the January average rate of 2387.7284 to the December average rate of 2386.8881, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2419.5630 was up 0.73% compared to the 2022 peak of 2402.1203, 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 12,097,815 KPW

2022 Average 11,935,964 KPW

Yearly Trough Low 11,885,299 KPW

Transaction Impact: A difference of 212,515.92 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2389.8933

2386.6149

JanuMarcMayJulySeptNove

BHD to KPW 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 2388.8871, compared to 2387.8059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0812 points.

H1 Avg (Jan–Jun) 2388.8871

H2 Avg (Jul–Dec) 2387.8059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 33.8455 KPW (High: 2419.5630 / Low: 2385.7175). On the other end, January was the most stable month, with a tight range of 5.0430 KPW (High: 2391.8804 / Low: 2386.8374).

March Spread (Volatile) ±33.8455

January Spread (Stable) ±5.0430

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.4601 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2389.6201) against the same month in 2022 (average: 2387.1433), the exchange rate shifted by +2.4768 (+0.10%).

2023 Avg (March) 2389.6201

2022 Avg (March) 2387.1433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2391.8804	2386.8374	2387.7284
February	2401.3512	2386.5336	2389.4719
March	2419.5630	2385.7175	2389.6201
April	2412.5905	2379.2781	2389.2276
May	2403.2364	2386.8311	2388.3059
June	2396.9702	2386.6602	2388.9685
July	2402.5307	2387.0083	2389.4133
August	2392.4717	2378.6178	2386.9532
September	2394.4003	2387.1223	2387.9068
October	2395.9875	2382.4146	2387.3990
November	2402.3190	2382.1939	2388.2749
December	2392.8788	2377.0598	2386.8881