YEARLY HIGH
61360.0915 STD
YEARLY LOW
58850.1898 STD
YEARLY AVERAGE
59953.6709 STD

2023 BHD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 61360.0915. Conversely, the yearly low was recorded on December 17, dropping to 58850.1898.

This high-to-low spread represents a total annual volatility of 2509.9017 STD. From a start-to-finish perspective, comparing the January average rate of 60552.7661 to the December average rate of 59093.5152, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 61360.0915 was down 2.23% compared to the 2022 peak of 62757.7737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 306,800,457 STD
2022 Average 294,041,949 STD
Yearly Trough Low 294,250,949 STD
Transaction Impact: A difference of 12,549,508.51 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

60751.4637
58942.7926
JanuMarcMayJulySeptNove

BHD to STD 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 60582.1514, compared to 59325.1904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1256.9610 points.

H1 Avg (Jan–Jun) 60582.1514
H2 Avg (Jul–Dec) 59325.1904

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1818.3358 STD (High: 60928.1523 / Low: 59109.8165). On the other end, January was the most stable month, with a tight range of 127.8898 STD (High: 60658.0608 / Low: 60530.1710).

July Spread (Volatile) ±1818.3358
January Spread (Stable) ±127.8898

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 1314.6273 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1314.6273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 60600.7411) against the same month in 2022 (average: 56771.1701), the exchange rate shifted by +3829.5710 (+6.75%).

2023 Avg (March) 60600.7411
2022 Avg (March) 56771.1701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60658.0608 60530.1710 60552.7661
February 60898.2401 60522.4666 60596.9830
March 61360.0915 60501.7707 60600.7411
April 61183.2698 60338.4669 60590.7880
May 60946.0487 60530.0104 60567.4133
June 60787.1397 60525.6765 60584.2169
July 60928.1523 59109.8165 60409.7532
August 59231.7508 58888.7626 59095.1260
September 59279.4983 59099.3122 59118.7344
October 59318.7941 58982.7619 59106.1643
November 59475.5471 58977.2977 59127.8493
December 59241.8296 58850.1898 59093.5152