2023 BHD to THB Historical Review

YEARLY HIGH

98.4512 THB

YEARLY LOW

86.5978 THB

YEARLY AVERAGE

92.2624 THB

2023 BHD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 98.4512. Conversely, the yearly low was recorded on January 21, dropping to 86.5978.

This high-to-low spread represents a total annual volatility of 11.8534 THB. From a start-to-finish perspective, comparing the January average rate of 88.1009 to the December average rate of 92.5701, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 98.4512 was down 3.10% compared to the 2022 peak of 101.5974, 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 492,256 THB

2022 Average 464,632 THB

Yearly Trough Low 432,989 THB

Transaction Impact: A difference of 59,266.91 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

97.6555

87.2322

JanuMarcMayJulySeptNove

BHD to THB 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 90.6503, compared to 93.8745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2242 points.

H1 Avg (Jan–Jun) 90.6503

H2 Avg (Jul–Dec) 93.8745

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 6.6343 THB (High: 93.4679 / Low: 86.8336). On the other end, April was the most stable month, with a tight range of 1.7971 THB (High: 91.6194 / Low: 89.8223).

February Spread (Volatile) ±6.6343

April Spread (Stable) ±1.7971

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 2.7693 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 96.7869) against the same month in 2022 (average: 100.5394), the exchange rate shifted by -3.7525 (-3.73%).

2023 Avg (October) 96.7869

2022 Avg (October) 100.5394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.8576	86.5978	88.1009
February	93.4679	86.8336	90.4598
March	93.1253	89.7014	91.3732
April	91.6194	89.8223	90.7268
May	92.2055	88.9731	90.6954
June	94.5320	91.6100	92.5457
July	94.2059	90.2619	91.9250
August	94.1896	90.9566	92.9394
September	97.2967	92.9265	95.0083
October	98.4512	95.2546	96.7869
November	95.9860	92.0068	94.0176
December	94.7285	90.7261	92.5701