2023 BHD to XAF Historical Review

YEARLY HIGH

1662.0004 XAF

YEARLY LOW

1548.0190 XAF

YEARLY AVERAGE

1608.7316 XAF

2023 BHD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1662.0004. Conversely, the yearly low was recorded on July 17, dropping to 1548.0190.

This high-to-low spread represents a total annual volatility of 113.9814 XAF. From a start-to-finish perspective, comparing the January average rate of 1613.3205 to the December average rate of 1592.7444, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1662.0004 was down 8.34% compared to the 2022 peak of 1813.2903, 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 8,310,002 XAF

2022 Average 8,273,578 XAF

Yearly Trough Low 7,740,095 XAF

Transaction Impact: A difference of 569,907.16 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1654.0767

1567.7960

JanuMarcMayJulySeptNove

BHD to XAF 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 1609.4716, compared to 1607.9915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4801 points.

H1 Avg (Jan–Jun) 1609.4716

H2 Avg (Jul–Dec) 1607.9915

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 74.4567 XAF (High: 1626.6322 / Low: 1552.1755). On the other end, October was the most stable month, with a tight range of 31.4382 XAF (High: 1662.0004 / Low: 1630.5622).

May Spread (Volatile) ±74.4567

October Spread (Stable) ±31.4382

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 40.8162 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -40.8162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1646.8867) against the same month in 2022 (average: 1768.2474), the exchange rate shifted by -121.3607 (-6.86%).

2023 Avg (October) 1646.8867

2022 Avg (October) 1768.2474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1653.7674	1593.1933	1613.3205
February	1651.4028	1579.8225	1627.3754
March	1651.0763	1595.6229	1625.5441
April	1611.8887	1563.7259	1584.7279
May	1626.6322	1552.1755	1600.1168
June	1628.7978	1583.4616	1605.7451
July	1604.9339	1548.0190	1574.9860
August	1611.2713	1577.9342	1594.6509
September	1656.4904	1612.2493	1629.8784
October	1662.0004	1630.5622	1646.8867
November	1642.9851	1581.7986	1608.8029
December	1616.7691	1566.5649	1592.7444