2023 MOP to BHD Historical Review

YEARLY HIGH

0.0472 BHD

YEARLY LOW

0.0461 BHD

YEARLY AVERAGE

0.0467 BHD

2023 MOP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0472. Conversely, the yearly low was recorded on February 5, dropping to 0.0461.

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 0.0468 to the December average rate of 0.0468, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0472 was down 0.39% compared to the 2022 peak of 0.0474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 236 BHD

2022 Average 234 BHD

Yearly Trough Low 231 BHD

Transaction Impact: A difference of 5.58 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0470

0.0466

JanuMarcMayJulySeptNove

MOP 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 0.0467, compared to 0.0468 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) 0.0467

H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0006 BHD (High: 0.0467 / Low: 0.0461). On the other end, April was the most stable month, with a tight range of 0.0002 BHD (High: 0.0468 / Low: 0.0466).

February Spread (Volatile) ±0.0006

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 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 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0469) against the same month in 2022 (average: 0.0468), the exchange rate shifted by +0.0001 (+0.27%).

2023 Avg (November) 0.0469

2022 Avg (November) 0.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0469	0.0467	0.0468
February	0.0467	0.0461	0.0466
March	0.0469	0.0465	0.0467
April	0.0468	0.0466	0.0466
May	0.0469	0.0465	0.0467
June	0.0469	0.0465	0.0467
July	0.0472	0.0467	0.0468
August	0.0472	0.0466	0.0468
September	0.0470	0.0466	0.0467
October	0.0470	0.0467	0.0468
November	0.0472	0.0468	0.0469
December	0.0470	0.0466	0.0468