2023 BHD to SYP Historical Review

YEARLY HIGH

6754.6940 SYP

YEARLY LOW

6636.0378 SYP

YEARLY AVERAGE

6667.5469 SYP

2023 BHD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6754.6940. Conversely, the yearly low was recorded on December 17, dropping to 6636.0378.

This high-to-low spread represents a total annual volatility of 118.6561 SYP. From a start-to-finish perspective, comparing the January average rate of 6665.8213 to the December average rate of 6663.4756, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6754.6940 was up 0.73% compared to the 2022 peak of 6705.9992, 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 33,773,470 SYP

2022 Average 33,319,854 SYP

Yearly Trough Low 33,180,189 SYP

Transaction Impact: A difference of 593,280.71 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6671.8652

6662.7129

JanuMarcMayJulySeptNove

BHD to SYP 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 6669.0561, compared to 6666.0377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0184 points.

H1 Avg (Jan–Jun) 6669.0561

H2 Avg (Jul–Dec) 6666.0377

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 94.4864 SYP (High: 6754.6940 / Low: 6660.2076). On the other end, January was the most stable month, with a tight range of 14.0785 SYP (High: 6677.4124 / Low: 6663.3339).

March Spread (Volatile) ±94.4864

January Spread (Stable) ±14.0785

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.8678 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.8678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6671.1025) against the same month in 2022 (average: 6662.7822), the exchange rate shifted by +8.3203 (+0.12%).

2023 Avg (March) 6671.1025

2022 Avg (March) 6662.7822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6677.4124	6663.3339	6665.8213
February	6703.8520	6662.4858	6670.6888
March	6754.6940	6660.2076	6671.1025
April	6735.2289	6642.2306	6670.0068
May	6709.1149	6663.3163	6667.4337
June	6691.6218	6662.8392	6669.2835
July	6707.1449	6663.8111	6670.5250
August	6679.0632	6640.3873	6663.6572
September	6684.4473	6664.1292	6666.3193
October	6688.8784	6650.9868	6664.9019
November	6706.5541	6650.3707	6667.3471
December	6680.1997	6636.0378	6663.4756