2023 BHD to MMK Historical Review

YEARLY HIGH

5636.9635 MMK

YEARLY LOW

5517.2575 MMK

YEARLY AVERAGE

5570.3491 MMK

2023 BHD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 5636.9635. Conversely, the yearly low was recorded on July 12, dropping to 5517.2575.

This high-to-low spread represents a total annual volatility of 119.7060 MMK. From a start-to-finish perspective, comparing the January average rate of 5571.4509 to the December average rate of 5575.1826, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5636.9635 was up 0.59% compared to the 2022 peak of 5604.0412, 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 28,184,817 MMK

2022 Average 25,581,202 MMK

Yearly Trough Low 27,586,287 MMK

Transaction Impact: A difference of 598,529.91 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5577.1297

5564.9771

JanuMarcMayJulySeptNove

BHD to MMK 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 5571.2832, compared to 5569.4149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8684 points.

H1 Avg (Jan–Jun) 5571.2832

H2 Avg (Jul–Dec) 5569.4149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 72.1824 MMK (High: 5636.9635 / Low: 5564.7810). On the other end, January was the most stable month, with a tight range of 21.0496 MMK (High: 5581.4666 / Low: 5560.4170).

February Spread (Volatile) ±72.1824

January Spread (Stable) ±21.0496

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 8.5581 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.5581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 5576.1170) against the same month in 2022 (average: 4716.5447), the exchange rate shifted by +859.5723 (+18.22%).

2023 Avg (February) 5576.1170

2022 Avg (February) 4716.5447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5581.4666	5560.4170	5571.4509
February	5636.9635	5564.7810	5576.1170
March	5584.5310	5541.4950	5567.5589
April	5577.9566	5553.8773	5569.1397
May	5590.2319	5553.7944	5570.1288
June	5599.0038	5553.9210	5573.3042
July	5579.5014	5517.2575	5568.6553
August	5584.8637	5534.1570	5569.4436
September	5582.0509	5551.5805	5570.6014
October	5576.2228	5534.1866	5566.6167
November	5575.0860	5540.0672	5565.9898
December	5600.5813	5549.5016	5575.1826