2023 BHD to TJS Historical Review

YEARLY HIGH

29.2001 TJS

YEARLY LOW

26.5533 TJS

YEARLY AVERAGE

28.6710 TJS

2023 BHD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 29.2001. Conversely, the yearly low was recorded on March 11, dropping to 26.5533.

This high-to-low spread represents a total annual volatility of 2.6468 TJS. From a start-to-finish perspective, comparing the January average rate of 27.1458 to the December average rate of 29.0118, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.2001 was down 15.60% compared to the 2022 peak of 34.5982, 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 146,001 TJS

2022 Average 145,502 TJS

Yearly Trough Low 132,767 TJS

Transaction Impact: A difference of 13,233.94 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.3353

26.9467

JanuMarcMayJulySeptNove

BHD to TJS 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 28.2808, compared to 29.0613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7805 points.

H1 Avg (Jan–Jun) 28.2808

H2 Avg (Jul–Dec) 29.0613

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.4621 TJS (High: 29.0154 / Low: 26.5533). On the other end, September was the most stable month, with a tight range of 0.1606 TJS (High: 29.2001 / Low: 29.0395).

March Spread (Volatile) ±2.4621

September Spread (Stable) ±0.1606

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 October and November, when the average rate fell by 0.0850 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 29.1362) against the same month in 2022 (average: 26.7137), the exchange rate shifted by +2.4226 (+9.07%).

2023 Avg (September) 29.1362

2022 Avg (September) 26.7137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.2940	26.8688	27.1458
February	28.4915	26.5572	27.5873
March	29.0154	26.5533	28.0311
April	29.0188	28.8400	28.9559
May	29.1087	28.9090	28.9744
June	29.1251	28.8803	28.9903
July	29.0989	28.7442	29.0088
August	29.1615	28.8765	29.1075
September	29.2001	29.0395	29.1362
October	29.1597	28.9495	29.0942
November	29.1338	28.7951	29.0092
December	29.1362	28.8967	29.0118