2023 BHD to SZL Historical Review

YEARLY HIGH

52.4446 SZL

YEARLY LOW

44.7016 SZL

YEARLY AVERAGE

48.9421 SZL

2023 BHD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 52.4446. Conversely, the yearly low was recorded on January 13, dropping to 44.7016.

This high-to-low spread represents a total annual volatility of 7.7431 SZL. From a start-to-finish perspective, comparing the January average rate of 45.3765 to the December average rate of 49.4197, the exchange rate registered a net change of 8.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 52.4446 was up 7.51% compared to the 2022 peak of 48.7791, 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 262,223 SZL

2022 Average 217,058 SZL

Yearly Trough Low 223,508 SZL

Transaction Impact: A difference of 38,715.31 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

51.1014

44.8561

JanuMarcMayJulySeptNove

BHD to SZL 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 48.2841, compared to 49.6002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3160 points.

H1 Avg (Jan–Jun) 48.2841

H2 Avg (Jul–Dec) 49.6002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 4.2623 SZL (High: 52.4446 / Low: 48.1823). On the other end, September was the most stable month, with a tight range of 1.3370 SZL (High: 50.9887 / Low: 49.6517).

June Spread (Volatile) ±4.2623

September Spread (Stable) ±1.3370

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 1.4591 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 49.6780) against the same month in 2022 (average: 41.8686), the exchange rate shifted by +7.8094 (+18.65%).

2023 Avg (June) 49.6780

2022 Avg (June) 41.8686

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.2484	44.7016	45.3765
February	49.0106	45.3319	47.5320
March	49.4002	47.2832	48.4591
April	48.8523	47.1418	48.1280
May	52.4210	48.4851	50.5310
June	52.4446	48.1823	49.6780
July	50.5493	46.5905	48.3784
August	51.7025	47.7839	49.8098
September	50.9887	49.6517	50.2901
October	51.5502	49.7994	50.5810
November	50.2743	48.1737	49.1218
December	50.6748	48.1712	49.4197