2023 BHD to SRD Historical Review

YEARLY HIGH

102.4647 SRD

YEARLY LOW

83.7060 SRD

YEARLY AVERAGE

97.1030 SRD

2023 BHD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 102.4647. Conversely, the yearly low was recorded on January 7, dropping to 83.7060.

This high-to-low spread represents a total annual volatility of 18.7587 SRD. From a start-to-finish perspective, comparing the January average rate of 84.4084 to the December average rate of 99.0934, the exchange rate registered a net change of 17.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 102.4647 was up 20.86% compared to the 2022 peak of 84.7788, 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 512,323 SRD

2022 Average 321,405 SRD

Yearly Trough Low 418,530 SRD

Transaction Impact: A difference of 93,793.36 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

103.3389

82.6874

JanuMarcMayJulySeptNove

BHD to SRD 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 93.3592, compared to 100.8468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.4876 points.

H1 Avg (Jan–Jun) 93.3592

H2 Avg (Jul–Dec) 100.8468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.8668 SRD (High: 95.8610 / Low: 88.9941). On the other end, October was the most stable month, with a tight range of 1.2126 SRD (High: 101.9747 / Low: 100.7621).

March Spread (Volatile) ±6.8668

October Spread (Stable) ±1.2126

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7037 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.7037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 100.8693) against the same month in 2022 (average: 60.7096), the exchange rate shifted by +40.1597 (+66.15%).

2023 Avg (July) 100.8693

2022 Avg (July) 60.7096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	86.0033	83.7060	84.4084
February	89.8932	84.8813	87.1039
March	95.8610	88.9941	91.8460
April	99.9885	94.8160	97.6299
May	100.4557	98.4515	99.0939
June	101.6670	98.9945	100.0730
July	102.4647	98.1393	100.8693
August	102.2884	101.0252	101.5056
September	102.3717	101.0657	101.6179
October	101.9747	100.7621	101.1975
November	101.8303	100.0521	100.7971
December	100.4958	97.3262	99.0934