2023 BHD to SEK Historical Review

YEARLY HIGH

29.7860 SEK

YEARLY LOW

26.3749 SEK

YEARLY AVERAGE

28.1624 SEK

2023 BHD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 29.7860. Conversely, the yearly low was recorded on December 27, dropping to 26.3749.

This high-to-low spread represents a total annual volatility of 3.4111 SEK. From a start-to-finish perspective, comparing the January average rate of 27.5666 to the December average rate of 27.1662, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.7860 was down 1.18% compared to the 2022 peak of 30.1403, 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 148,930 SEK

2022 Average 134,214 SEK

Yearly Trough Low 131,875 SEK

Transaction Impact: A difference of 17,055.34 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.6569

26.9398

JanuMarcMayJulySeptNove

BHD to SEK 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 27.8472, compared to 28.4775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6303 points.

H1 Avg (Jan–Jun) 27.8472

H2 Avg (Jul–Dec) 28.4775

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.2201 SEK (High: 29.5927 / Low: 27.3726). On the other end, September was the most stable month, with a tight range of 0.7199 SEK (High: 29.6844 / Low: 28.9644).

November Spread (Volatile) ±2.2201

September Spread (Stable) ±0.7199

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 1.1700 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 29.2455) against the same month in 2022 (average: 29.5137), the exchange rate shifted by -0.2683 (-0.91%).

2023 Avg (October) 29.2455

2022 Avg (October) 29.5137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.3475	27.0489	27.5666
February	28.1527	27.3528	27.7619
March	28.6045	27.3123	27.9042
April	27.9400	27.1723	27.4693
May	28.8230	26.9174	27.8146
June	28.9516	28.1293	28.5665
July	29.0540	27.0637	27.9521
August	29.2847	28.0389	28.7347
September	29.6844	28.9644	29.4305
October	29.7860	28.8402	29.2455
November	29.5927	27.3726	28.3362
December	27.8351	26.3749	27.1662