2023 BHD to MYR Historical Review

YEARLY HIGH

12.7049 MYR

YEARLY LOW

11.2557 MYR

YEARLY AVERAGE

12.0992 MYR

2023 BHD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 12.7049. Conversely, the yearly low was recorded on January 27, dropping to 11.2557.

This high-to-low spread represents a total annual volatility of 1.4492 MYR. From a start-to-finish perspective, comparing the January average rate of 11.4837 to the December average rate of 12.3522, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.7049 was up 0.73% compared to the 2022 peak of 12.6122, 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 63,524 MYR

2022 Average 58,346 MYR

Yearly Trough Low 56,278 MYR

Transaction Impact: A difference of 7,246.22 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.6981

11.3733

JanuMarcMayJulySeptNove

BHD to MYR 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 11.8274, compared to 12.3710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5436 points.

H1 Avg (Jan–Jun) 11.8274

H2 Avg (Jul–Dec) 12.3710

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6396 MYR (High: 11.9023 / Low: 11.2627). On the other end, September was the most stable month, with a tight range of 0.1622 MYR (High: 12.4899 / Low: 12.3277).

February Spread (Volatile) ±0.6396

September Spread (Stable) ±0.1622

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.1402 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.5877) against the same month in 2022 (average: 12.4404), the exchange rate shifted by +0.1473 (+1.18%).

2023 Avg (October) 12.5877

2022 Avg (October) 12.4404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6945	11.2557	11.4837
February	11.9023	11.2627	11.5902
March	12.0588	11.6967	11.8684
April	11.9571	11.6598	11.7461
May	12.2680	11.7694	11.9885
June	12.4549	12.1408	12.2872
July	12.4645	11.9962	12.1934
August	12.3545	11.9949	12.2262
September	12.4899	12.3277	12.4189
October	12.7049	12.4322	12.5877
November	12.6519	12.2980	12.4475
December	12.4672	12.1772	12.3522