2023 BHD to LAK Historical Review

YEARLY HIGH

55064.7150 LAK

YEARLY LOW

44432.0374 LAK

YEARLY AVERAGE

49586.7704 LAK

2023 BHD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 55064.7150. Conversely, the yearly low was recorded on February 18, dropping to 44432.0374.

This high-to-low spread represents a total annual volatility of 10632.6776 LAK. From a start-to-finish perspective, comparing the January average rate of 45073.9341 to the December average rate of 54778.1654, the exchange rate registered a net change of 21.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55064.7150 was up 12.49% compared to the 2022 peak of 48948.9896, 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 275,323,575 LAK

2022 Average 189,410,400 LAK

Yearly Trough Low 222,160,187 LAK

Transaction Impact: A difference of 53,163,388.21 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55915.3727

43791.4732

JanuMarcMayJulySeptNove

BHD to LAK 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 45926.9493, compared to 53246.5916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7319.6424 points.

H1 Avg (Jan–Jun) 45926.9493

H2 Avg (Jul–Dec) 53246.5916

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 3373.4683 LAK (High: 50391.7920 / Low: 47018.3237). On the other end, November was the most stable month, with a tight range of 550.7921 LAK (High: 55064.7150 / Low: 54513.9230).

June Spread (Volatile) ±3373.4683

November Spread (Stable) ±550.7921

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 272.1359 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -272.1359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 54905.0477) against the same month in 2022 (average: 45514.8346), the exchange rate shifted by +9390.2131 (+20.63%).

2023 Avg (November) 54905.0477

2022 Avg (November) 45514.8346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46005.1985	44648.6587	45073.9341
February	45235.3960	44432.0374	44801.7982
March	45158.6861	44523.2657	44806.4217
April	45997.2571	44993.2506	45513.7572
May	47097.4562	45877.7905	46576.5314
June	50391.7920	47018.3237	48789.2531
July	51157.5432	49798.3373	50725.8405
August	52113.2962	50650.9422	51564.6479
September	54198.5232	52190.2670	52866.4628
October	55033.7934	54014.8895	54639.3855
November	55064.7150	54513.9230	54905.0477
December	55053.7558	54485.7020	54778.1654