2023 BHD to MDL Historical Review

YEARLY HIGH

51.0051 MDL

YEARLY LOW

45.8548 MDL

YEARLY AVERAGE

48.0344 MDL

2023 BHD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 51.0051. Conversely, the yearly low was recorded on December 31, dropping to 45.8548.

This high-to-low spread represents a total annual volatility of 5.1502 MDL. From a start-to-finish perspective, comparing the January average rate of 50.3840 to the December average rate of 46.6925, the exchange rate registered a net change of -7.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.0051 was down 1.79% compared to the 2022 peak of 51.9321, 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 255,025 MDL

2022 Average 250,262 MDL

Yearly Trough Low 229,274 MDL

Transaction Impact: A difference of 25,751.09 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.7532

46.3233

JanuMarcMayJulySeptNove

BHD to MDL 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 48.6946, compared to 47.3741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3205 points.

H1 Avg (Jan–Jun) 48.6946

H2 Avg (Jul–Dec) 47.3741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.7381 MDL (High: 48.6580 / Low: 45.9199). On the other end, February was the most stable month, with a tight range of 0.6116 MDL (High: 50.2018 / Low: 49.5901).

July Spread (Volatile) ±2.7381

February Spread (Stable) ±0.6116

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.5167 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 50.3840) against the same month in 2022 (average: 47.5358), the exchange rate shifted by +2.8482 (+5.99%).

2023 Avg (January) 50.3840

2022 Avg (January) 47.5358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.0051	49.6331	50.3840
February	50.2018	49.5901	49.8369
March	50.0774	48.6022	49.4021
April	48.6022	47.4350	47.8854
May	47.6159	46.8274	47.1476
June	48.5903	47.0693	47.5116
July	48.6580	45.9199	47.5164
August	47.2691	46.4261	46.8872
September	48.5119	47.1575	47.6909
October	48.3791	47.7475	48.0963
November	48.0445	46.8848	47.3615
December	47.5650	45.8548	46.6925