2023 BHD to LKR Historical Review

YEARLY HIGH

980.3775 LKR

YEARLY LOW

770.4709 LKR

YEARLY AVERAGE

872.0632 LKR

2023 BHD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 980.3775. Conversely, the yearly low was recorded on June 5, dropping to 770.4709.

This high-to-low spread represents a total annual volatility of 209.9065 LKR. From a start-to-finish perspective, comparing the January average rate of 970.2593 to the December average rate of 866.5424, the exchange rate registered a net change of -10.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 980.3775 was up 0.08% compared to the 2022 peak of 979.5671, 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 4,901,887 LKR

2022 Average 4,298,939 LKR

Yearly Trough Low 3,852,355 LKR

Transaction Impact: A difference of 1,049,532.71 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

986.9473

786.6919

JanuMarcMayJulySeptNove

BHD to LKR 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 884.6224, compared to 859.5039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.1185 points.

H1 Avg (Jan–Jun) 884.6224

H2 Avg (Jul–Dec) 859.5039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 121.3983 LKR (High: 968.7975 / Low: 847.3992). On the other end, November was the most stable month, with a tight range of 8.4875 LKR (High: 873.7921 / Low: 865.3046).

March Spread (Volatile) ±121.3983

November Spread (Stable) ±8.4875

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 81.3316 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -81.3316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 969.2370) against the same month in 2022 (average: 537.1383), the exchange rate shifted by +432.0988 (+80.44%).

2023 Avg (February) 969.2370

2022 Avg (February) 537.1383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	975.7232	964.7675	970.2593
February	980.3775	959.9563	969.2370
March	968.7975	847.3992	887.9054
April	876.5051	842.3868	854.6913
May	849.1814	779.5887	822.2616
June	849.0403	770.4709	803.3799
July	881.2216	812.0121	847.8371
August	861.7143	836.7557	853.3674
September	864.7672	848.8663	857.4894
October	869.7933	854.1214	862.0219
November	873.7921	865.3046	869.7652
December	872.1350	858.6019	866.5424