2023 CVE to BHD Historical Review

YEARLY HIGH

0.0038 BHD

YEARLY LOW

0.0036 BHD

YEARLY AVERAGE

0.0037 BHD

2023 CVE to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0038. Conversely, the yearly low was recorded on October 3, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0003 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0037, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was down 1.57% compared to the 2022 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 BHD

2022 Average 18 BHD

Yearly Trough Low 18 BHD

Transaction Impact: A difference of 1.36 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038

0.0036

JanuMarcMayJulySeptNove

CVE 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 0.0037, compared to 0.0037 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) 0.0037

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 BHD (High: 0.0038 / Low: 0.0036). On the other end, October was the most stable month, with a tight range of 0.0001 BHD (High: 0.0036 / Low: 0.0036).

November Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0038) against the same month in 2022 (average: 0.0035), the exchange rate shifted by +0.0003 (+7.62%).

2023 Avg (July) 0.0038

2022 Avg (July) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0036	0.0037
February	0.0037	0.0036	0.0037
March	0.0037	0.0036	0.0037
April	0.0038	0.0037	0.0037
May	0.0038	0.0036	0.0037
June	0.0037	0.0036	0.0037
July	0.0038	0.0037	0.0038
August	0.0038	0.0037	0.0037
September	0.0037	0.0036	0.0036
October	0.0036	0.0036	0.0036
November	0.0038	0.0036	0.0037
December	0.0038	0.0036	0.0037