YEARLY HIGH
40853.0082 LBP
YEARLY LOW
4001.4102 LBP
YEARLY AVERAGE
36449.8340 LBP

2023 BHD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 40853.0082. Conversely, the yearly low was recorded on February 1, dropping to 4001.4102.

This high-to-low spread represents a total annual volatility of 36851.5981 LBP. From a start-to-finish perspective, comparing the January average rate of 4021.6985 to the December average rate of 39914.9557, the exchange rate registered a net change of 892.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40853.0082 was up 886.96% compared to the 2022 peak of 4139.2808, 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 204,265,041 LBP
2022 Average 20,100,721 LBP
Yearly Trough Low 20,007,051 LBP
Transaction Impact: A difference of 184,257,990.34 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43753.0314
409.7591
JanuMarcMayJulySeptNove

BHD to LBP 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 32990.6528, compared to 39909.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6918.3623 points.

H1 Avg (Jan–Jun) 32990.6528
H2 Avg (Jul–Dec) 39909.0151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 36851.5981 LBP (High: 40853.0082 / Low: 4001.4102). On the other end, January was the most stable month, with a tight range of 43.8240 LBP (High: 4048.7272 / Low: 4004.9032).

February Spread (Volatile) ±36851.5981
January Spread (Stable) ±43.8240

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 143.0491 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -143.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 33649.0421) against the same month in 2022 (average: 4016.9475), the exchange rate shifted by +29632.0946 (+737.68%).

2023 Avg (February) 33649.0421
2022 Avg (February) 4016.9475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4048.7272 4004.9032 4021.6985
February 40853.0082 4001.4102 33649.0421
March 40456.4013 39608.3245 40026.0512
April 40476.0831 39659.3954 40074.4497
May 40501.5079 39695.7903 40031.5835
June 40628.6454 39790.9746 40141.0920
July 40496.1944 39650.8718 39998.0430
August 40484.9440 39749.7822 39939.6738
September 40280.3785 39805.1784 39940.1153
October 40007.0083 39609.8924 39843.5206
November 39905.7631 39528.5549 39817.7825
December 40082.8117 39718.3707 39914.9557