2023 BHD to PYG Historical Review

YEARLY HIGH

19819.4986 PYG

YEARLY LOW

18894.1144 PYG

YEARLY AVERAGE

19339.4961 PYG

2023 BHD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 19819.4986. Conversely, the yearly low was recorded on April 23, dropping to 18894.1144.

This high-to-low spread represents a total annual volatility of 925.3842 PYG. From a start-to-finish perspective, comparing the January average rate of 19569.5511 to the December average rate of 19515.3745, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19819.4986 was up 1.67% compared to the 2022 peak of 19494.3676, 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 99,097,493 PYG

2022 Average 92,572,731 PYG

Yearly Trough Low 94,470,572 PYG

Transaction Impact: A difference of 4,626,920.95 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19807.5293

18931.1514

JanuMarcMayJulySeptNove

BHD to PYG 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 19233.2491, compared to 19445.7431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 212.4940 points.

H1 Avg (Jan–Jun) 19233.2491

H2 Avg (Jul–Dec) 19445.7431

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 547.3280 PYG (High: 19816.7037 / Low: 19269.3758). On the other end, August was the most stable month, with a tight range of 153.6122 PYG (High: 19356.9335 / Low: 19203.3214).

October Spread (Volatile) ±547.3280

August Spread (Stable) ±153.6122

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 300.3800 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -300.3800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 19734.4978) against the same month in 2022 (average: 19044.3792), the exchange rate shifted by +690.1186 (+3.62%).

2023 Avg (November) 19734.4978

2022 Avg (November) 19044.3792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19743.8505	19359.1352	19569.5511
February	19629.1927	19265.5504	19385.5436
March	19378.0285	18977.3214	19085.1635
April	19279.9553	18894.1144	19004.1829
May	19227.3914	18968.2598	19110.1365
June	19334.3118	19101.5889	19244.9170
July	19365.5766	19119.5678	19281.5292
August	19356.9335	19203.3214	19287.0900
September	19400.0426	19238.5138	19302.7132
October	19816.7037	19269.3758	19553.2537
November	19819.4986	19619.4948	19734.4978
December	19747.6026	19327.5514	19515.3745