2023 PLN to BHD Historical Review

YEARLY HIGH

0.0969 BHD

YEARLY LOW

0.0839 BHD

YEARLY AVERAGE

0.0899 BHD

2023 PLN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0969. Conversely, the yearly low was recorded on February 25, dropping to 0.0839.

This high-to-low spread represents a total annual volatility of 0.0130 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0951, the exchange rate registered a net change of 9.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0969 was up 1.15% compared to the 2022 peak of 0.0958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 1,938 BHD

2022 Average 1,698 BHD

Yearly Trough Low 1,679 BHD

Transaction Impact: A difference of 259.25 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0961

0.0840

JanuMarcMayJulySeptNove

PLN 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 0.0881, compared to 0.0916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0881

H2 Avg (Jul–Dec) 0.0916

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0067 BHD (High: 0.0960 / Low: 0.0893). On the other end, May was the most stable month, with a tight range of 0.0026 BHD (High: 0.0916 / Low: 0.0891).

November Spread (Volatile) ±0.0067

May Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0048 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0951) against the same month in 2022 (average: 0.0853), the exchange rate shifted by +0.0098 (+11.47%).

2023 Avg (December) 0.0951

2022 Avg (December) 0.0853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0911	0.0847	0.0870
February	0.0883	0.0839	0.0850
March	0.0879	0.0844	0.0860
April	0.0909	0.0870	0.0890
May	0.0916	0.0891	0.0902
June	0.0934	0.0896	0.0916
July	0.0955	0.0915	0.0937
August	0.0937	0.0909	0.0923
September	0.0910	0.0855	0.0875
October	0.0902	0.0852	0.0883
November	0.0960	0.0893	0.0927
December	0.0969	0.0936	0.0951