2023 BHD to XPF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |