YEARLY HIGH
0.0798 BHD
YEARLY LOW
0.0688 BHD
YEARLY AVERAGE
0.0755 BHD

2023 BRL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0798. Conversely, the yearly low was recorded on January 3, dropping to 0.0688.

This high-to-low spread represents a total annual volatility of 0.0109 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0727 to the December average rate of 0.0770, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0798 was down 2.78% compared to the 2022 peak of 0.0820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,994 BHD
2022 Average 1,829 BHD
Yearly Trough Low 1,720 BHD
Transaction Impact: A difference of 273.61 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0791
0.0717
JanuMarcMayJulySeptNove

BRL 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 0.0744, compared to 0.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0744
H2 Avg (Jul–Dec) 0.0767

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0056 BHD (High: 0.0744 / Low: 0.0688). On the other end, November was the most stable month, with a tight range of 0.0015 BHD (High: 0.0777 / Low: 0.0761).

January Spread (Volatile) ±0.0056
November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0785) against the same month in 2022 (average: 0.0704), the exchange rate shifted by +0.0081 (+11.52%).

2023 Avg (July) 0.0785
2022 Avg (July) 0.0704

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0744 0.0688 0.0727
February 0.0746 0.0713 0.0727
March 0.0744 0.0705 0.0723
April 0.0768 0.0741 0.0751
May 0.0771 0.0746 0.0757
June 0.0791 0.0752 0.0777
July 0.0798 0.0766 0.0785
August 0.0786 0.0756 0.0768
September 0.0776 0.0747 0.0762
October 0.0756 0.0729 0.0745
November 0.0777 0.0761 0.0769
December 0.0783 0.0759 0.0770