2023 BHD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 6698.6316. Conversely, the yearly low was recorded on March 12, dropping to 6181.6749.
This high-to-low spread represents a total annual volatility of 516.9568 TZS. From a start-to-finish perspective, comparing the January average rate of 6192.3307 to the December average rate of 6662.8318, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 6698.6316 was up 7.62% compared to the 2022 peak of 6224.1605, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BHD to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6235.5852, compared to 6615.4537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 379.8684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 146.9889 TZS (High: 6659.0462 / Low: 6512.0573). On the other end, January was the most stable month, with a tight range of 23.7077 TZS (High: 6208.2685 / Low: 6184.5609).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.8598 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 6662.8318) against the same month in 2022 (average: 6191.7308), the exchange rate shifted by +471.1011 (+7.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6208.2685 | 6184.5609 | 6192.3307 |
| February | 6266.9301 | 6183.7737 | 6201.5020 |
| March | 6224.9572 | 6181.6749 | 6197.7915 |
| April | 6300.8822 | 6184.3149 | 6224.4557 |
| May | 6293.8090 | 6235.5029 | 6260.7197 |
| June | 6412.3159 | 6273.3427 | 6336.7117 |
| July | 6527.8612 | 6400.0470 | 6478.8752 |
| August | 6659.0462 | 6512.0573 | 6616.1001 |
| September | 6675.0559 | 6617.6794 | 6647.4196 |
| October | 6682.1430 | 6626.4325 | 6645.6775 |
| November | 6677.4888 | 6621.5745 | 6641.8177 |
| December | 6698.6316 | 6619.6368 | 6662.8318 |