YEARLY HIGH
1273.2834 KZT
YEARLY LOW
1145.1327 KZT
YEARLY AVERAGE
1211.2432 KZT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 6,366,417 KZT
2022 Average 6,122,954 KZT
Yearly Trough Low 5,725,664 KZT
Transaction Impact: A difference of 640,753.35 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1271.9952
1173.4768
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1199.5757
H2 Avg (Jul–Dec) 1222.9107

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±87.6902
January Spread (Stable) ±16.2010

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 October and November, when the average rate fell by 34.7244 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -34.7244

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (September) 1243.3086
2022 Avg (September) 1260.5418

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