2023 BHD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |