YEARLY HIGH
672.9072 YER
YEARLY LOW
661.2850 YER
YEARLY AVERAGE
664.2782 YER

2023 BHD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 672.9072. Conversely, the yearly low was recorded on December 17, dropping to 661.2850.

This high-to-low spread represents a total annual volatility of 11.6223 YER. From a start-to-finish perspective, comparing the January average rate of 664.1241 to the December average rate of 663.6288, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 672.9072 was up 0.75% compared to the 2022 peak of 667.9229, 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 3,364,536 YER
2022 Average 3,318,986 YER
Yearly Trough Low 3,306,425 YER
Transaction Impact: A difference of 58,111.39 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

664.7441
663.5274
JanuMarcMayJulySeptNove

BHD to YER 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 664.4513, compared to 664.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3460 points.

H1 Avg (Jan–Jun) 664.4513
H2 Avg (Jul–Dec) 664.1052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 9.4828 YER (High: 672.9072 / Low: 663.4244). On the other end, January was the most stable month, with a tight range of 1.5348 YER (High: 665.2084 / Low: 663.6736).

March Spread (Volatile) ±9.4828
January Spread (Stable) ±1.5348

Growth Streaks & Declines

Trends

Between May and July, 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 0.7227 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 664.5893) against the same month in 2022 (average: 663.7669), the exchange rate shifted by +0.8224 (+0.12%).

2023 Avg (March) 664.5893
2022 Avg (March) 663.7669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 665.2084 663.6736 664.1241
February 667.9759 663.3416 664.6427
March 672.9072 663.4244 664.5893
April 671.1024 661.9019 664.5658
May 668.5004 663.7739 664.2851
June 666.7571 663.8625 664.5004
July 668.3037 663.6024 664.5843
August 665.5058 661.3403 663.8617
September 665.9758 663.6518 664.2117
October 666.6169 662.8406 664.0609
November 668.2450 662.5147 664.2840
December 664.3151 661.2850 663.6288