2023 EUR to BHD Historical Review

YEARLY HIGH

0.4237 BHD

YEARLY LOW

0.3947 BHD

YEARLY AVERAGE

0.4078 BHD

2023 EUR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.4237. Conversely, the yearly low was recorded on October 3, dropping to 0.3947.

This high-to-low spread represents a total annual volatility of 0.0291 BHD. From a start-to-finish perspective, comparing the January average rate of 0.4066 to the December average rate of 0.4119, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4237 was down 1.89% compared to the 2022 peak of 0.4319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,119 BHD

2022 Average 1,986 BHD

Yearly Trough Low 1,973 BHD

Transaction Impact: A difference of 145.30 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4184

0.3965

JanuMarcMayJulySeptNove

EUR 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 0.4076, compared to 0.4081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4076

H2 Avg (Jul–Dec) 0.4081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0193 BHD (High: 0.4226 / Low: 0.4033). On the other end, October was the most stable month, with a tight range of 0.0076 BHD (High: 0.4023 / Low: 0.3947).

May Spread (Volatile) ±0.0193

October Spread (Stable) ±0.0076

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 0.0089 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4165) against the same month in 2022 (average: 0.3844), the exchange rate shifted by +0.0321 (+8.35%).

2023 Avg (July) 0.4165

2022 Avg (July) 0.3844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4117	0.3966	0.4066
February	0.4152	0.3972	0.4031
March	0.4111	0.3973	0.4036
April	0.4195	0.4069	0.4139
May	0.4226	0.4033	0.4100
June	0.4143	0.4027	0.4085
July	0.4237	0.4087	0.4165
August	0.4157	0.4071	0.4114
September	0.4069	0.3960	0.4025
October	0.4023	0.3947	0.3983
November	0.4147	0.3992	0.4078
December	0.4187	0.4057	0.4119