YEARLY HIGH
37.6423 SCR
YEARLY LOW
33.7681 SCR
YEARLY AVERAGE
35.6694 SCR

2023 BHD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 37.6423. Conversely, the yearly low was recorded on September 20, dropping to 33.7681.

This high-to-low spread represents a total annual volatility of 3.8742 SCR. From a start-to-finish perspective, comparing the January average rate of 35.9350 to the December average rate of 35.6299, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.6423 was down 5.41% compared to the 2022 peak of 39.7957, 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 188,211 SCR
2022 Average 179,841 SCR
Yearly Trough Low 168,840 SCR
Transaction Impact: A difference of 19,371.04 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.5355
34.7156
JanuMarcMayJulySeptNove

BHD to SCR 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 35.9630, compared to 35.3758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5871 points.

H1 Avg (Jan–Jun) 35.9630
H2 Avg (Jul–Dec) 35.3758

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.2854 SCR (High: 37.5289 / Low: 34.2435). On the other end, August was the most stable month, with a tight range of 1.3615 SCR (High: 36.2459 / Low: 34.8844).

January Spread (Volatile) ±3.2854
August Spread (Stable) ±1.3615

Growth Streaks & Declines

Trends

Between September and December, 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 0.8983 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 35.9978) against the same month in 2022 (average: 36.3475), the exchange rate shifted by -0.3498 (-0.96%).

2023 Avg (February) 35.9978
2022 Avg (February) 36.3475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.5289 34.2435 35.9350
February 37.6423 34.5380 35.9978
March 37.3384 34.5060 35.7497
April 37.2500 34.2577 35.8796
May 37.3159 34.8220 35.8319
June 37.5688 34.8135 36.3838
July 37.6277 34.5384 35.4855
August 36.2459 34.8844 35.4671
September 36.1311 33.7681 34.8673
October 36.5919 33.8000 35.3554
November 36.4231 34.5944 35.4496
December 37.1669 34.1993 35.6299