2023 BHD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1607.0533. Conversely, the yearly low was recorded on November 20, dropping to 1448.6409.
This high-to-low spread represents a total annual volatility of 158.4124 SDG. From a start-to-finish perspective, comparing the January average rate of 1530.3991 to the December average rate of 1593.9108, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1607.0533 was up 4.53% compared to the 2022 peak of 1537.3570, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BHD to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1571.0726, compared to 1593.7264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.6538 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 151.5705 SDG (High: 1600.2114 / Low: 1448.6409). On the other end, September was the most stable month, with a tight range of 7.2714 SDG (High: 1600.2575 / Low: 1592.9861).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.5695 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 1587.2020) against the same month in 2022 (average: 1185.9190), the exchange rate shifted by +401.2830 (+33.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1546.2274 | 1509.0393 | 1530.3991 |
| February | 1565.0660 | 1547.6386 | 1554.7204 |
| March | 1595.5674 | 1507.9992 | 1565.7777 |
| April | 1607.0533 | 1518.6240 | 1587.2020 |
| May | 1602.1576 | 1587.4363 | 1592.4609 |
| June | 1601.9751 | 1592.6143 | 1595.8754 |
| July | 1605.6913 | 1592.7326 | 1595.7898 |
| August | 1597.6394 | 1589.7096 | 1594.8524 |
| September | 1600.2575 | 1592.9861 | 1595.2986 |
| October | 1601.3183 | 1591.4317 | 1594.0380 |
| November | 1600.2114 | 1448.6409 | 1588.4686 |
| December | 1597.9113 | 1587.3477 | 1593.9108 |