2023 BHD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |