2023 BHD to USD Historical Review

YEARLY HIGH

2.6884 USD

YEARLY LOW

2.6412 USD

YEARLY AVERAGE

2.6537 USD

2023 BHD to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.6884. Conversely, the yearly low was recorded on December 17, dropping to 2.6412.

This high-to-low spread represents a total annual volatility of 0.0472 USD. From a start-to-finish perspective, comparing the January average rate of 2.6530 to the December average rate of 2.6521, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6884 was up 0.73% compared to the 2022 peak of 2.6690, 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 13,442 USD

2022 Average 13,262 USD

Yearly Trough Low 13,206 USD

Transaction Impact: A difference of 236.13 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6554

2.6518

JanuMarcMayJulySeptNove

BHD to USD 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 2.6543, compared to 2.6531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 2.6543

H2 Avg (Jul–Dec) 2.6531

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0376 USD (High: 2.6884 / Low: 2.6508). On the other end, January was the most stable month, with a tight range of 0.0056 USD (High: 2.6576 / Low: 2.6520).

March Spread (Volatile) ±0.0376

January Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.6551) against the same month in 2022 (average: 2.6524), the exchange rate shifted by +0.0028 (+0.10%).

2023 Avg (March) 2.6551

2022 Avg (March) 2.6524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6576	2.6520	2.6530
February	2.6682	2.6517	2.6550
March	2.6884	2.6508	2.6551
April	2.6807	2.6436	2.6547
May	2.6703	2.6520	2.6537
June	2.6633	2.6518	2.6544
July	2.6695	2.6522	2.6549
August	2.6583	2.6429	2.6522
September	2.6604	2.6524	2.6532
October	2.6622	2.6471	2.6527
November	2.6692	2.6469	2.6536
December	2.6588	2.6412	2.6521