2023 DKK to BHD Historical Review

YEARLY HIGH

0.0569 BHD

YEARLY LOW

0.0529 BHD

YEARLY AVERAGE

0.0547 BHD

2023 DKK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0569. Conversely, the yearly low was recorded on October 3, dropping to 0.0529.

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 0.0546 to the December average rate of 0.0552, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0569 was down 2.00% compared to the 2022 peak of 0.0580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 284 BHD

2022 Average 267 BHD

Yearly Trough Low 265 BHD

Transaction Impact: A difference of 19.82 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0561

0.0531

JanuMarcMayJulySeptNove

DKK 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 0.0547, compared to 0.0547 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) 0.0547

H2 Avg (Jul–Dec) 0.0547

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0026 BHD (High: 0.0558 / Low: 0.0532). On the other end, October was the most stable month, with a tight range of 0.0010 BHD (High: 0.0539 / Low: 0.0529).

February Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and April, 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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0559) against the same month in 2022 (average: 0.0517), the exchange rate shifted by +0.0042 (+8.21%).

2023 Avg (July) 0.0559

2022 Avg (July) 0.0517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0553	0.0533	0.0546
February	0.0558	0.0532	0.0541
March	0.0552	0.0533	0.0542
April	0.0559	0.0546	0.0554
May	0.0560	0.0541	0.0549
June	0.0556	0.0541	0.0548
July	0.0569	0.0549	0.0559
August	0.0557	0.0546	0.0552
September	0.0546	0.0531	0.0540
October	0.0539	0.0529	0.0534
November	0.0556	0.0535	0.0547
December	0.0562	0.0544	0.0552