2023 BHD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BHD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BHD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 65492.8905. Conversely, the yearly low was recorded on April 10, dropping to 61984.5826.
This high-to-low spread represents a total annual volatility of 3508.3079 VND. From a start-to-finish perspective, comparing the January average rate of 62264.8808 to the December average rate of 64403.5949, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 65492.8905 was down 0.88% compared to the 2022 peak of 66076.0771, 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 VND 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 62451.1230, compared to 64050.9029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1599.7799 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 1431.4531 VND (High: 65492.8905 / Low: 64061.4375). On the other end, June was the most stable month, with a tight range of 379.5564 VND (High: 62651.1608 / Low: 62271.6044).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 378.8943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 64565.8899) against the same month in 2022 (average: 65843.5624), the exchange rate shifted by -1277.6725 (-1.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62746.8197 | 62137.8090 | 62264.8808 |
| February | 63559.3601 | 62195.7393 | 62783.9303 |
| March | 63432.8759 | 62280.3587 | 62670.0802 |
| April | 62904.0723 | 61984.5826 | 62305.1396 |
| May | 62645.4651 | 62182.9371 | 62269.9348 |
| June | 62651.1608 | 62271.6044 | 62412.7723 |
| July | 63127.2777 | 62549.2396 | 62814.4317 |
| August | 64160.9816 | 62791.8574 | 63305.9037 |
| September | 64841.4673 | 63818.5598 | 64270.8134 |
| October | 65301.1364 | 64353.8922 | 64944.7842 |
| November | 65492.8905 | 64061.4375 | 64565.8899 |
| December | 64634.3795 | 64114.0555 | 64403.5949 |