YEARLY HIGH
23.4872 SVC
YEARLY LOW
22.9894 SVC
YEARLY AVERAGE
23.2095 SVC

2023 BHD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 23.4872. Conversely, the yearly low was recorded on July 12, dropping to 22.9894.

This high-to-low spread represents a total annual volatility of 0.4977 SVC. From a start-to-finish perspective, comparing the January average rate of 23.2146 to the December average rate of 23.2300, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.4872 was up 0.45% compared to the 2022 peak of 23.3824, 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 117,436 SVC
2022 Average 116,048 SVC
Yearly Trough Low 114,947 SVC
Transaction Impact: A difference of 2,488.73 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.2377
23.1869
JanuMarcMayJulySeptNove

BHD to SVC 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 23.2133, compared to 23.2056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 23.2133
H2 Avg (Jul–Dec) 23.2056

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3000 SVC (High: 23.4872 / Low: 23.1872). On the other end, January was the most stable month, with a tight range of 0.0877 SVC (High: 23.2572 / Low: 23.1696).

February Spread (Volatile) ±0.3000
January Spread (Stable) ±0.0877

Growth Streaks & Declines

Trends

Between March and June, 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 0.0364 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 23.2335) against the same month in 2022 (average: 23.2104), the exchange rate shifted by +0.0231 (+0.10%).

2023 Avg (February) 23.2335
2022 Avg (February) 23.2104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2572 23.1696 23.2146
February 23.4872 23.1872 23.2335
March 23.2702 23.0900 23.1971
April 23.2421 23.1397 23.2038
May 23.2914 23.1396 23.2089
June 23.3285 23.1400 23.2221
July 23.2471 22.9894 23.2027
August 23.2699 23.0584 23.2056
September 23.2588 23.1310 23.2105
October 23.2326 23.0595 23.1938
November 23.2285 23.0836 23.1911
December 23.3346 23.1220 23.2300