2023 BHD to SAR Historical Review

YEARLY HIGH

10.0990 SAR

YEARLY LOW

9.9102 SAR

YEARLY AVERAGE

9.9556 SAR

2023 BHD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 10.0990. Conversely, the yearly low was recorded on December 2, dropping to 9.9102.

This high-to-low spread represents a total annual volatility of 0.1888 SAR. From a start-to-finish perspective, comparing the January average rate of 9.9654 to the December average rate of 9.9480, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0990 was up 0.69% compared to the 2022 peak of 10.0294, 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 50,495 SAR

2022 Average 49,798 SAR

Yearly Trough Low 49,551 SAR

Transaction Impact: A difference of 944.07 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.9717

9.9459

JanuMarcMayJulySeptNove

BHD to SAR 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 9.9601, compared to 9.9511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 9.9601

H2 Avg (Jul–Dec) 9.9511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1471 SAR (High: 10.0990 / Low: 9.9519). On the other end, September was the most stable month, with a tight range of 0.0189 SAR (High: 9.9668 / Low: 9.9479).

March Spread (Volatile) ±0.1471

September Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0115 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.9695) against the same month in 2022 (average: 9.9514), the exchange rate shifted by +0.0181 (+0.18%).

2023 Avg (March) 9.9695

2022 Avg (March) 9.9514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9845	9.9553	9.9654
February	10.0123	9.9472	9.9602
March	10.0990	9.9519	9.9695
April	10.0549	9.9193	9.9581
May	10.0146	9.9456	9.9522
June	9.9881	9.9449	9.9552
July	10.0140	9.9463	9.9580
August	9.9597	9.9162	9.9486
September	9.9668	9.9479	9.9512
October	9.9698	9.9286	9.9497
November	9.9789	9.9267	9.9513
December	9.9648	9.9102	9.9480