YEARLY HIGH
55972.6990 SLL
YEARLY LOW
46699.9413 SLL
YEARLY AVERAGE
50624.7909 SLL

2023 BHD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 55972.6990. Conversely, the yearly low was recorded on April 10, dropping to 46699.9413.

This high-to-low spread represents a total annual volatility of 9272.7577 SLL. From a start-to-finish perspective, comparing the January average rate of 46865.8017 to the December average rate of 55613.1671, the exchange rate registered a net change of 18.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55972.6990 was up 19.20% compared to the 2022 peak of 46958.0289, 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 279,863,495 SLL
2022 Average 182,056,706 SLL
Yearly Trough Low 233,499,707 SLL
Transaction Impact: A difference of 46,363,788.34 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56523.4468
45987.8340
JanuMarcMayJulySeptNove

BHD to SLL 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 46888.5449, compared to 54361.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7472.4918 points.

H1 Avg (Jan–Jun) 46888.5449
H2 Avg (Jul–Dec) 54361.0368

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 8952.1166 SLL (High: 55803.7853 / Low: 46851.6687). On the other end, January was the most stable month, with a tight range of 98.9824 SLL (High: 46947.2962 / Low: 46848.3138).

July Spread (Volatile) ±8952.1166
January Spread (Stable) ±98.9824

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 32.3120 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -32.3120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 55645.4791) against the same month in 2022 (average: 46765.1675), the exchange rate shifted by +8880.3116 (+18.99%).

2023 Avg (November) 55645.4791
2022 Avg (November) 46765.1675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46947.2962 46848.3138 46865.8017
February 47133.1869 46842.3509 46900.0241
March 47490.6444 46826.3330 46902.9327
April 47353.7903 46699.9413 46895.2293
May 47170.1892 46848.1896 46877.1381
June 47047.1990 46844.8353 46890.1436
July 55803.7853 46851.6687 48030.9192
August 55743.2612 55420.4736 55614.6830
September 55788.1967 55618.6227 55636.9010
October 55825.1781 55508.9367 55625.0712
November 55972.6990 55503.7943 55645.4791
December 55752.7465 55384.1725 55613.1671