2023 HKD to BHD Historical Review

YEARLY HIGH

0.0485 BHD

YEARLY LOW

0.0474 BHD

YEARLY AVERAGE

0.0481 BHD

2023 HKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0485. Conversely, the yearly low was recorded on March 18, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0011 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0482 to the December average rate of 0.0483, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0485 was down 0.01% compared to the 2022 peak of 0.0485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,213 BHD

2022 Average 1,204 BHD

Yearly Trough Low 1,185 BHD

Transaction Impact: A difference of 28.44 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0483

0.0480

JanuMarcMayJulySeptNove

HKD 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 0.0481, compared to 0.0482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0481

H2 Avg (Jul–Dec) 0.0482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 BHD (High: 0.0481 / Low: 0.0474). On the other end, September was the most stable month, with a tight range of 0.0002 BHD (High: 0.0482 / Low: 0.0480).

March Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0483) against the same month in 2022 (average: 0.0484), the exchange rate shifted by -0.0001 (-0.20%).

2023 Avg (December) 0.0483

2022 Avg (December) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0483	0.0481	0.0482
February	0.0481	0.0478	0.0480
March	0.0481	0.0474	0.0480
April	0.0482	0.0475	0.0480
May	0.0482	0.0478	0.0481
June	0.0482	0.0480	0.0481
July	0.0483	0.0478	0.0482
August	0.0484	0.0480	0.0482
September	0.0482	0.0480	0.0481
October	0.0482	0.0480	0.0482
November	0.0485	0.0479	0.0483
December	0.0485	0.0482	0.0483