2023 BMD to BHD Historical Review

YEARLY HIGH

0.3786 BHD

YEARLY LOW

0.3720 BHD

YEARLY AVERAGE

0.3768 BHD

2023 BMD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3786. Conversely, the yearly low was recorded on March 19, dropping to 0.3720.

This high-to-low spread represents a total annual volatility of 0.0067 BHD. From a start-to-finish perspective, comparing the January average rate of 0.3769 to the December average rate of 0.3771, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3786 was down 0.16% compared to the 2022 peak of 0.3792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 1,893 BHD

2022 Average 1,885 BHD

Yearly Trough Low 1,860 BHD

Transaction Impact: A difference of 33.25 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3771

0.3766

JanuMarcMayJulySeptNove

BMD to BHD 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 0.3767, compared to 0.3769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3767

H2 Avg (Jul–Dec) 0.3769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0053 BHD (High: 0.3772 / Low: 0.3720). On the other end, January was the most stable month, with a tight range of 0.0008 BHD (High: 0.3771 / Low: 0.3763).

March Spread (Volatile) ±0.0053

January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3771) against the same month in 2022 (average: 0.3768), the exchange rate shifted by +0.0002 (+0.06%).

2023 Avg (December) 0.3771

2022 Avg (December) 0.3768

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3771	0.3763	0.3769
February	0.3771	0.3748	0.3767
March	0.3772	0.3720	0.3766
April	0.3783	0.3730	0.3767
May	0.3771	0.3745	0.3768
June	0.3771	0.3755	0.3767
July	0.3770	0.3746	0.3767
August	0.3784	0.3762	0.3770
September	0.3770	0.3759	0.3769
October	0.3778	0.3756	0.3770
November	0.3778	0.3746	0.3768
December	0.3786	0.3761	0.3771