YEARLY HIGH
11.9129 PLN
YEARLY LOW
10.3194 PLN
YEARLY AVERAGE
11.1443 PLN

2023 BHD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 11.9129. Conversely, the yearly low was recorded on December 27, dropping to 10.3194.

This high-to-low spread represents a total annual volatility of 1.5935 PLN. From a start-to-finish perspective, comparing the January average rate of 11.5010 to the December average rate of 10.5191, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.9129 was down 10.12% compared to the 2022 peak of 13.2548, 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 59,565 PLN
2022 Average 59,130 PLN
Yearly Trough Low 51,597 PLN
Transaction Impact: A difference of 7,967.71 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.8952
10.3940
JanuMarcMayJulySeptNove

BHD to PLN 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 11.3577, compared to 10.9310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4267 points.

H1 Avg (Jan–Jun) 11.3577
H2 Avg (Jul–Dec) 10.9310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.8267 PLN (High: 11.8034 / Low: 10.9767). On the other end, May was the most stable month, with a tight range of 0.3161 PLN (High: 11.2280 / Low: 10.9118).

January Spread (Volatile) ±0.8267
May Spread (Stable) ±0.3161

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 October and November, when the average rate fell by 0.5283 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.7701) against the same month in 2022 (average: 10.6756), the exchange rate shifted by +1.0945 (+10.25%).

2023 Avg (February) 11.7701
2022 Avg (February) 10.6756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8034 10.9767 11.5010
February 11.9129 11.3269 11.7701
March 11.8514 11.3734 11.6346
April 11.4908 11.0007 11.2333
May 11.2280 10.9118 11.0888
June 11.1559 10.7053 10.9184
July 10.9232 10.4751 10.6707
August 10.9972 10.6684 10.8393
September 11.7002 10.9933 11.4337
October 11.7310 11.0867 11.3257
November 11.1937 10.4179 10.7974
December 10.6879 10.3194 10.5191