YEARLY HIGH
0.1888 BHD
YEARLY LOW
0.1848 BHD
YEARLY AVERAGE
0.1870 BHD

2023 BZD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.1888. Conversely, the yearly low was recorded on February 5, dropping to 0.1848.

This high-to-low spread represents a total annual volatility of 0.0040 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1870 to the December average rate of 0.1869, 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 0.1888 was down 0.69% compared to the 2022 peak of 0.1901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 944 BHD
2022 Average 935 BHD
Yearly Trough Low 924 BHD
Transaction Impact: A difference of 20.04 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1874
0.1868
JanuMarcMayJulySeptNove

BZD 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 0.1870, compared to 0.1871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1870
H2 Avg (Jul–Dec) 0.1871

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0024 BHD (High: 0.1872 / Low: 0.1848). On the other end, January was the most stable month, with a tight range of 0.0007 BHD (High: 0.1874 / Low: 0.1867).

February Spread (Volatile) ±0.0024
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, 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 (July 2023: 0.1871) against the same month in 2022 (average: 0.1871), the exchange rate shifted by -0.0000 (-0.01%).

2023 Avg (July) 0.1871
2022 Avg (July) 0.1871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1874 0.1867 0.1870
February 0.1872 0.1848 0.1868
March 0.1884 0.1865 0.1873
April 0.1876 0.1868 0.1871
May 0.1876 0.1864 0.1870
June 0.1876 0.1861 0.1869
July 0.1888 0.1867 0.1871
August 0.1882 0.1865 0.1871
September 0.1877 0.1866 0.1870
October 0.1882 0.1868 0.1872
November 0.1881 0.1869 0.1872
December 0.1877 0.1860 0.1869