2023 BHD to NPR Historical Review

YEARLY HIGH

354.9205 NPR

YEARLY LOW

344.4353 NPR

YEARLY AVERAGE

350.4936 NPR

2023 BHD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 354.9205. Conversely, the yearly low was recorded on January 22, dropping to 344.4353.

This high-to-low spread represents a total annual volatility of 10.4851 NPR. From a start-to-finish perspective, comparing the January average rate of 347.3323 to the December average rate of 353.5607, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 354.9205 was up 0.66% compared to the 2022 peak of 352.6038, 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 1,774,602 NPR

2022 Average 1,667,384 NPR

Yearly Trough Low 1,722,177 NPR

Transaction Impact: A difference of 52,425.74 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

354.1836

346.7094

JanuMarcMayJulySeptNove

BHD to NPR 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 348.9492, compared to 352.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0888 points.

H1 Avg (Jan–Jun) 348.9492

H2 Avg (Jul–Dec) 352.0380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.4890 NPR (High: 351.9243 / Low: 344.4353). On the other end, November was the most stable month, with a tight range of 2.3501 NPR (High: 354.0588 / Low: 351.7087).

January Spread (Volatile) ±7.4890

November Spread (Stable) ±2.3501

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6110 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.6110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 353.5607) against the same month in 2022 (average: 350.0889), the exchange rate shifted by +3.4718 (+0.99%).

2023 Avg (December) 353.5607

2022 Avg (December) 350.0889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	351.9243	344.4353	347.3323
February	352.4869	347.3174	350.8519
March	351.5692	346.1605	349.2410
April	349.5919	346.2203	347.8472
May	351.5547	346.6566	349.3644
June	351.0995	346.8803	349.0581
July	351.5762	347.2857	348.7474
August	353.9392	348.7523	351.3960
September	353.5599	351.1826	352.3815
October	353.5683	350.9289	352.9107
November	354.0588	351.7087	353.2317
December	354.9205	352.0915	353.5607