YEARLY HIGH
302.3512 XPF
YEARLY LOW
281.6157 XPF
YEARLY AVERAGE
292.6606 XPF

2023 BHD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 302.3512. Conversely, the yearly low was recorded on July 17, dropping to 281.6157.

This high-to-low spread represents a total annual volatility of 20.7355 XPF. From a start-to-finish perspective, comparing the January average rate of 293.4954 to the December average rate of 289.7522, 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 302.3512 was down 8.34% compared to the 2022 peak of 329.8739, 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 1,511,756 XPF
2022 Average 1,505,130 XPF
Yearly Trough Low 1,408,079 XPF
Transaction Impact: A difference of 103,677.54 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

300.9098
285.2136
JanuMarcMayJulySeptNove

BHD to XPF 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 292.7952, compared to 292.5259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2693 points.

H1 Avg (Jan–Jun) 292.7952
H2 Avg (Jul–Dec) 292.5259

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 13.5452 XPF (High: 295.9170 / Low: 282.3719). On the other end, October was the most stable month, with a tight range of 5.7192 XPF (High: 302.3512 / Low: 296.6320).

May Spread (Volatile) ±13.5452
October Spread (Stable) ±5.7192

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 7.4253 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.4253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 299.6017) against the same month in 2022 (average: 321.6797), the exchange rate shifted by -22.0779 (-6.86%).

2023 Avg (October) 299.6017
2022 Avg (October) 321.6797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 300.8535 289.8338 293.4954
February 300.4233 287.4014 296.0522
March 300.3639 290.2758 295.7191
April 293.2349 284.4731 288.2938
May 295.9170 282.3719 291.0934
June 296.3110 288.0634 292.1173
July 291.9697 281.6157 286.5216
August 293.1226 287.0579 290.0990
September 301.3488 293.3005 296.5076
October 302.3512 296.6320 299.6017
November 298.8920 287.7609 292.6735
December 294.1227 284.9896 289.7522