2023 RON to BHD Historical Review

YEARLY HIGH

0.0857 BHD

YEARLY LOW

0.0793 BHD

YEARLY AVERAGE

0.0824 BHD

2023 RON to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0857. Conversely, the yearly low was recorded on October 3, dropping to 0.0793.

This high-to-low spread represents a total annual volatility of 0.0064 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0825 to the December average rate of 0.0828, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0857 was down 1.88% compared to the 2022 peak of 0.0874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 429 BHD

2022 Average 403 BHD

Yearly Trough Low 397 BHD

Transaction Impact: A difference of 32.05 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0847

0.0798

JanuMarcMayJulySeptNove

RON 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 0.0825, compared to 0.0823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0825

H2 Avg (Jul–Dec) 0.0823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0040 BHD (High: 0.0846 / Low: 0.0806). On the other end, October was the most stable month, with a tight range of 0.0016 BHD (High: 0.0809 / Low: 0.0793).

February Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0843) against the same month in 2022 (average: 0.0778), the exchange rate shifted by +0.0065 (+8.29%).

2023 Avg (July) 0.0843

2022 Avg (July) 0.0778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0842	0.0805	0.0825
February	0.0846	0.0806	0.0821
March	0.0833	0.0806	0.0819
April	0.0845	0.0823	0.0836
May	0.0847	0.0813	0.0827
June	0.0835	0.0811	0.0823
July	0.0857	0.0824	0.0843
August	0.0841	0.0824	0.0832
September	0.0823	0.0796	0.0810
October	0.0809	0.0793	0.0802
November	0.0834	0.0803	0.0820
December	0.0842	0.0816	0.0828