2023 BHD to RON Historical Review

YEARLY HIGH

12.6062 RON

YEARLY LOW

11.6638 RON

YEARLY AVERAGE

12.1387 RON

2023 BHD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 12.6062. Conversely, the yearly low was recorded on July 17, dropping to 11.6638.

This high-to-low spread represents a total annual volatility of 0.9424 RON. From a start-to-finish perspective, comparing the January average rate of 12.1192 to the December average rate of 12.0712, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.6062 was down 7.78% compared to the 2022 peak of 13.6692, 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 63,031 RON

2022 Average 62,182 RON

Yearly Trough Low 58,319 RON

Transaction Impact: A difference of 4,712.23 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.5325

11.8040

JanuMarcMayJulySeptNove

BHD to RON 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 12.1178, compared to 12.1596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0418 points.

H1 Avg (Jan–Jun) 12.1178

H2 Avg (Jul–Dec) 12.1596

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5915 RON (High: 12.4146 / Low: 11.8231). On the other end, August was the most stable month, with a tight range of 0.2430 RON (High: 12.1289 / Low: 11.8859).

February Spread (Volatile) ±0.5915

August Spread (Stable) ±0.2430

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 June and July, when the average rate fell by 0.2807 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.4718) against the same month in 2022 (average: 13.2835), the exchange rate shifted by -0.8117 (-6.11%).

2023 Avg (October) 12.4718

2022 Avg (October) 13.2835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4298	11.8732	12.1192
February	12.4146	11.8231	12.1793
March	12.4075	11.9995	12.2170
April	12.1551	11.8360	11.9561
May	12.3028	11.8090	12.0902
June	12.3292	11.9801	12.1453
July	12.1373	11.6638	11.8647
August	12.1289	11.8859	12.0156
September	12.5628	12.1560	12.3422
October	12.6062	12.3547	12.4718
November	12.4464	11.9884	12.1925
December	12.2555	11.8809	12.0712