2023 BHD to MOP Historical Review

YEARLY HIGH

21.6913 MOP

YEARLY LOW

21.1782 MOP

YEARLY AVERAGE

21.3914 MOP

2023 BHD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 21.6913. Conversely, the yearly low was recorded on November 25, dropping to 21.1782.

This high-to-low spread represents a total annual volatility of 0.5131 MOP. From a start-to-finish perspective, comparing the January average rate of 21.3683 to the December average rate of 21.3584, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.6913 was up 0.40% compared to the 2022 peak of 21.6057, 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 108,457 MOP

2022 Average 106,966 MOP

Yearly Trough Low 105,891 MOP

Transaction Impact: A difference of 2,565.65 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.4750

21.2989

JanuMarcMayJulySeptNove

BHD to MOP 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 21.4225, compared to 21.3602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0623 points.

H1 Avg (Jan–Jun) 21.4225

H2 Avg (Jul–Dec) 21.3602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2918 MOP (High: 21.6913 / Low: 21.3995). On the other end, April was the most stable month, with a tight range of 0.1001 MOP (High: 21.4809 / Low: 21.3808).

February Spread (Volatile) ±0.2918

April Spread (Stable) ±0.1001

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0594 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 21.4603) against the same month in 2022 (average: 21.3092), the exchange rate shifted by +0.1511 (+0.71%).

2023 Avg (February) 21.4603

2022 Avg (February) 21.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.4152	21.3042	21.3683
February	21.6913	21.3995	21.4603
March	21.5023	21.3354	21.4345
April	21.4809	21.3808	21.4426
May	21.5132	21.3312	21.4173
June	21.5241	21.3292	21.4120
July	21.4337	21.1849	21.3526
August	21.4537	21.1840	21.3753
September	21.4553	21.2946	21.3938
October	21.4165	21.2599	21.3677
November	21.3771	21.1782	21.3135
December	21.4678	21.2681	21.3584