2023 CNY to BHD Historical Review

YEARLY HIGH

0.0562 BHD

YEARLY LOW

0.0513 BHD

YEARLY AVERAGE

0.0533 BHD

2023 CNY to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0562. Conversely, the yearly low was recorded on September 9, dropping to 0.0513.

This high-to-low spread represents a total annual volatility of 0.0048 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0555 to the December average rate of 0.0530, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0562 was down 6.03% compared to the 2022 peak of 0.0598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,404 BHD

2022 Average 1,403 BHD

Yearly Trough Low 1,283 BHD

Transaction Impact: A difference of 120.37 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0559

0.0513

JanuMarcMayJulySeptNove

CNY 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 0.0544, compared to 0.0522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0544

H2 Avg (Jul–Dec) 0.0522

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0020 BHD (High: 0.0560 / Low: 0.0540). On the other end, September was the most stable month, with a tight range of 0.0007 BHD (High: 0.0520 / Low: 0.0513).

February Spread (Volatile) ±0.0020

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0555) against the same month in 2022 (average: 0.0593), the exchange rate shifted by -0.0038 (-6.43%).

2023 Avg (January) 0.0555

2022 Avg (January) 0.0593

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0562	0.0545	0.0555
February	0.0560	0.0540	0.0550
March	0.0553	0.0540	0.0546
April	0.0550	0.0540	0.0547
May	0.0546	0.0530	0.0539
June	0.0531	0.0519	0.0527
July	0.0530	0.0517	0.0524
August	0.0528	0.0516	0.0521
September	0.0520	0.0513	0.0517
October	0.0526	0.0514	0.0518
November	0.0533	0.0515	0.0523
December	0.0535	0.0525	0.0530