2023 BHD to KWD Historical Review

YEARLY HIGH

0.8241 KWD

YEARLY LOW

0.8087 KWD

YEARLY AVERAGE

0.8155 KWD

2023 BHD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.8241. Conversely, the yearly low was recorded on February 1, dropping to 0.8087.

This high-to-low spread represents a total annual volatility of 0.0154 KWD. From a start-to-finish perspective, comparing the January average rate of 0.8107 to the December average rate of 0.8165, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8241 was down 0.01% compared to the 2022 peak of 0.8242, 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 4,120 KWD

2022 Average 4,063 KWD

Yearly Trough Low 4,043 KWD

Transaction Impact: A difference of 76.98 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8213

0.8097

JanuMarcMayJulySeptNove

BHD to KWD 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 0.8134, compared to 0.8176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.8134

H2 Avg (Jul–Dec) 0.8176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0094 KWD (High: 0.8207 / Low: 0.8113). On the other end, August was the most stable month, with a tight range of 0.0030 KWD (High: 0.8186 / Low: 0.8155).

March Spread (Volatile) ±0.0094

August Spread (Stable) ±0.0030

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 November and December, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8203) against the same month in 2022 (average: 0.8220), the exchange rate shifted by -0.0017 (-0.20%).

2023 Avg (October) 0.8203

2022 Avg (October) 0.8220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8135	0.8091	0.8107
February	0.8178	0.8087	0.8126
March	0.8207	0.8113	0.8139
April	0.8184	0.8114	0.8134
May	0.8170	0.8118	0.8144
June	0.8173	0.8136	0.8155
July	0.8171	0.8121	0.8144
August	0.8186	0.8155	0.8167
September	0.8209	0.8173	0.8191
October	0.8241	0.8189	0.8203
November	0.8211	0.8156	0.8185
December	0.8197	0.8136	0.8165