2023 BHD to MNT Historical Review

YEARLY HIGH

9433.2289 MNT

YEARLY LOW

9031.1741 MNT

YEARLY AVERAGE

9186.6522 MNT

2023 BHD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 9433.2289. Conversely, the yearly low was recorded on March 17, dropping to 9031.1741.

This high-to-low spread represents a total annual volatility of 402.0548 MNT. From a start-to-finish perspective, comparing the January average rate of 9038.7862 to the December average rate of 9149.7378, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9433.2289 was up 4.16% compared to the 2022 peak of 9056.5736, 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 47,166,144 MNT

2022 Average 41,434,383 MNT

Yearly Trough Low 45,155,870 MNT

Transaction Impact: A difference of 2,010,274.00 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9372.1895

9008.4768

JanuMarcMayJulySeptNove

BHD to MNT 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 9193.4568, compared to 9179.8476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.6092 points.

H1 Avg (Jan–Jun) 9193.4568

H2 Avg (Jul–Dec) 9179.8476

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 313.9254 MNT (High: 9345.0995 / Low: 9031.1741). On the other end, January was the most stable month, with a tight range of 19.0903 MNT (High: 9054.5037 / Low: 9035.4134).

March Spread (Volatile) ±313.9254

January Spread (Stable) ±19.0903

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 168.9809 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -168.9809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 9341.8801) against the same month in 2022 (average: 7896.9869), the exchange rate shifted by +1444.8932 (+18.30%).

2023 Avg (April) 9341.8801

2022 Avg (April) 7896.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9054.5037	9035.4134	9038.7862
February	9090.3555	9034.2634	9045.3865
March	9345.0995	9031.1741	9055.5450
April	9433.2289	9302.9773	9341.8801
May	9396.6542	9332.5094	9338.2762
June	9372.1536	9331.8412	9340.8670
July	9393.8949	9152.2618	9318.9681
August	9171.1415	9118.0349	9149.9872
September	9178.5345	9150.6354	9153.6426
October	9184.6188	9132.5893	9151.6963
November	9208.8896	9131.7433	9155.0539
December	9172.7020	9112.0625	9149.7378