2023 BHD to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 500.7763. Conversely, the yearly low was recorded on March 23, dropping to 407.6719.
This high-to-low spread represents a total annual volatility of 93.1044 LRD. From a start-to-finish perspective, comparing the January average rate of 412.2167 to the December average rate of 499.2043, the exchange rate registered a net change of 21.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 500.7763 was up 21.72% compared to the 2022 peak of 411.4227, 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 LRD 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 431.7965, compared to 494.9350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.1385 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 29.5853 LRD (High: 478.2022 / Low: 448.6169). On the other end, August was the most stable month, with a tight range of 2.5208 LRD (High: 495.2583 / Low: 492.7375).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 499.2043) against the same month in 2022 (average: 409.1879), the exchange rate shifted by +90.0164 (+22.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 415.9149 | 407.9531 | 412.2167 |
| February | 421.7194 | 407.8611 | 415.4025 |
| March | 432.9674 | 407.6719 | 423.4569 |
| April | 442.9784 | 430.2528 | 433.0335 |
| May | 448.5253 | 438.6477 | 443.1227 |
| June | 478.2022 | 448.6169 | 463.5468 |
| July | 494.9810 | 478.2022 | 487.7493 |
| August | 495.2583 | 492.7375 | 494.1257 |
| September | 495.9070 | 493.3280 | 494.4214 |
| October | 497.3053 | 493.8216 | 495.7384 |
| November | 500.6165 | 497.1680 | 498.3709 |
| December | 500.7763 | 495.3529 | 499.2043 |