2023 BHD to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 101.5005. Conversely, the yearly low was recorded on November 25, dropping to 95.2232.
This high-to-low spread represents a total annual volatility of 6.2773 UAH. From a start-to-finish perspective, comparing the January average rate of 97.5241 to the December average rate of 98.6501, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 101.5005 was up 2.99% compared to the 2022 peak of 98.5563, 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 UAH 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 97.7916, compared to 97.5032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2884 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 5.1313 UAH (High: 101.5005 / Low: 96.3692). On the other end, September was the most stable month, with a tight range of 0.6504 UAH (High: 98.1703 / Low: 97.5199).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 1.1242 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 98.6501) against the same month in 2022 (average: 97.8115), the exchange rate shifted by +0.8386 (+0.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.0266 | 97.2938 | 97.5241 |
| February | 99.1411 | 97.3874 | 97.7191 |
| March | 98.2133 | 97.3232 | 97.8260 |
| April | 98.0553 | 97.3034 | 97.7380 |
| May | 98.3104 | 97.3387 | 97.9148 |
| June | 98.5067 | 97.6731 | 98.0273 |
| July | 98.1297 | 97.0298 | 97.8141 |
| August | 98.2192 | 97.3349 | 97.9104 |
| September | 98.1703 | 97.5199 | 97.9532 |
| October | 97.9972 | 96.1202 | 96.8290 |
| November | 96.5165 | 95.2232 | 95.8621 |
| December | 101.5005 | 96.3692 | 98.6501 |