YEARLY HIGH
0.0218 BHD
YEARLY LOW
0.0196 BHD
YEARLY AVERAGE
0.0208 BHD

2023 MDL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0218. Conversely, the yearly low was recorded on January 8, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0022 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0214, the exchange rate registered a net change of 7.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0218 was up 2.70% compared to the 2022 peak of 0.0212, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109 BHD
2022 Average 100 BHD
Yearly Trough Low 98 BHD
Transaction Impact: A difference of 11.01 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0216
0.0197
JanuMarcMayJulySeptNove

MDL 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 0.0206, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0012 BHD (High: 0.0218 / Low: 0.0206). On the other end, February was the most stable month, with a tight range of 0.0002 BHD (High: 0.0202 / Low: 0.0199).

July Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0214) against the same month in 2022 (average: 0.0195), the exchange rate shifted by +0.0019 (+9.84%).

2023 Avg (December) 0.0214
2022 Avg (December) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0201 0.0196 0.0198
February 0.0202 0.0199 0.0201
March 0.0206 0.0200 0.0202
April 0.0211 0.0206 0.0209
May 0.0214 0.0210 0.0212
June 0.0212 0.0206 0.0210
July 0.0218 0.0206 0.0211
August 0.0215 0.0212 0.0213
September 0.0212 0.0206 0.0210
October 0.0209 0.0207 0.0208
November 0.0213 0.0208 0.0211
December 0.0218 0.0210 0.0214