2023 BHD to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1273.2834. Conversely, the yearly low was recorded on March 5, dropping to 1145.1327.
This high-to-low spread represents a total annual volatility of 128.1507 KZT. From a start-to-finish perspective, comparing the January average rate of 1227.1991 to the December average rate of 1217.7488, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1273.2834 was down 8.47% compared to the 2022 peak of 1391.0669, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BHD to KZT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1199.5757, compared to 1222.9107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.3349 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 87.6902 KZT (High: 1232.8229 / Low: 1145.1327). On the other end, January was the most stable month, with a tight range of 16.2010 KZT (High: 1235.4239 / Low: 1219.2229).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 34.7244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 1243.3086) against the same month in 2022 (average: 1260.5418), the exchange rate shifted by -17.2332 (-1.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1235.4239 | 1219.2229 | 1227.1991 |
| February | 1230.3008 | 1180.3212 | 1198.6932 |
| March | 1232.8229 | 1145.1327 | 1198.1330 |
| April | 1214.1610 | 1174.9788 | 1198.8180 |
| May | 1197.5146 | 1172.6979 | 1183.8235 |
| June | 1205.2612 | 1177.7839 | 1190.7876 |
| July | 1198.9721 | 1173.3909 | 1181.6866 |
| August | 1233.2428 | 1173.8662 | 1201.8736 |
| September | 1273.2834 | 1213.8083 | 1243.3086 |
| October | 1272.8397 | 1243.6953 | 1263.7853 |
| November | 1245.8139 | 1213.3716 | 1229.0610 |
| December | 1226.7512 | 1210.0866 | 1217.7488 |