YEARLY HIGH
1526.9076 SOS
YEARLY LOW
1497.7623 SOS
YEARLY AVERAGE
1510.8346 SOS

2023 BHD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1526.9076. Conversely, the yearly low was recorded on April 8, dropping to 1497.7623.

This high-to-low spread represents a total annual volatility of 29.1453 SOS. From a start-to-finish perspective, comparing the January average rate of 1508.7770 to the December average rate of 1516.3101, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1526.9076 was down 1.77% compared to the 2022 peak of 1554.3890, 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 7,634,538 SOS
2022 Average 7,631,326 SOS
Yearly Trough Low 7,488,811 SOS
Transaction Impact: A difference of 145,726.50 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1517.1331
1507.2575
JanuMarcMayJulySeptNove

BHD to SOS 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 1508.8494, compared to 1512.8199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9705 points.

H1 Avg (Jan–Jun) 1508.8494
H2 Avg (Jul–Dec) 1512.8199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 28.2742 SOS (High: 1526.9076 / Low: 1498.6334). On the other end, January was the most stable month, with a tight range of 4.9911 SOS (High: 1510.8711 / Low: 1505.8800).

February Spread (Volatile) ±28.2742
January Spread (Stable) ±4.9911

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 1.6801 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1509.7761) against the same month in 2022 (average: 1542.5346), the exchange rate shifted by -32.7585 (-2.12%).

2023 Avg (February) 1509.7761
2022 Avg (February) 1542.5346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1510.8711 1505.8800 1508.7770
February 1526.9076 1498.6334 1509.7761
March 1523.0247 1500.1269 1508.0960
April 1511.8603 1497.7623 1508.0805
May 1515.7803 1503.5166 1508.8133
June 1516.2233 1504.6274 1509.5534
July 1512.4376 1500.1208 1509.9727
August 1514.6345 1499.2974 1509.6250
September 1519.0955 1508.1256 1512.6608
October 1517.4164 1506.0087 1514.3707
November 1517.2740 1503.1052 1513.9801
December 1524.2739 1510.2615 1516.3101