2023 BHD to LSL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to LSL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 52.4548. Conversely, the yearly low was recorded on January 12, dropping to 44.7005.
This high-to-low spread represents a total annual volatility of 7.7543 LSL. From a start-to-finish perspective, comparing the January average rate of 45.3788 to the December average rate of 49.5156, the exchange rate registered a net change of 9.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 52.4548 was up 7.38% compared to the 2022 peak of 48.8498, 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 LSL 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 48.2993, compared to 49.6635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3642 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 4.2553 LSL (High: 52.4548 / Low: 48.1995). On the other end, September was the most stable month, with a tight range of 1.3294 LSL (High: 51.0078 / Low: 49.6783).
Growth Streaks & Declines
TrendsBetween July and October, 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 1.3220 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 49.7097) against the same month in 2022 (average: 41.8704), the exchange rate shifted by +7.8393 (+18.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.2482 | 44.7005 | 45.3788 |
| February | 48.9866 | 45.3319 | 47.5370 |
| March | 49.3786 | 47.3472 | 48.4987 |
| April | 48.8929 | 47.1358 | 48.1460 |
| May | 52.3683 | 48.4851 | 50.5258 |
| June | 52.4548 | 48.1995 | 49.7097 |
| July | 50.4709 | 46.6346 | 48.3877 |
| August | 51.6893 | 47.7902 | 49.8634 |
| September | 51.0078 | 49.6783 | 50.3042 |
| October | 51.6324 | 49.8385 | 50.5518 |
| November | 51.9806 | 48.1977 | 49.3586 |
| December | 50.6867 | 48.2298 | 49.5156 |