2023 SAR to BHD Historical Review

YEARLY HIGH

0.1009 BHD

YEARLY LOW

0.0990 BHD

YEARLY AVERAGE

0.1004 BHD

2023 SAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.1009. Conversely, the yearly low was recorded on March 19, dropping to 0.0990.

This high-to-low spread represents a total annual volatility of 0.0019 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1003 to the December average rate of 0.1005, 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 0.1009 was down 0.03% compared to the 2022 peak of 0.1009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505 BHD

2022 Average 502 BHD

Yearly Trough Low 495 BHD

Transaction Impact: A difference of 9.43 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1005

0.1003

JanuMarcMayJulySeptNove

SAR 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 0.1004, compared to 0.1005 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) 0.1004

H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 BHD (High: 0.1005 / Low: 0.0990). On the other end, September was the most stable month, with a tight range of 0.0002 BHD (High: 0.1005 / Low: 0.1003).

March Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1005) against the same month in 2022 (average: 0.1002), the exchange rate shifted by +0.0003 (+0.30%).

2023 Avg (December) 0.1005

2022 Avg (December) 0.1002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1004	0.1002	0.1003
February	0.1005	0.0999	0.1004
March	0.1005	0.0990	0.1003
April	0.1008	0.0995	0.1004
May	0.1005	0.0999	0.1005
June	0.1006	0.1001	0.1004
July	0.1005	0.0999	0.1004
August	0.1008	0.1004	0.1005
September	0.1005	0.1003	0.1005
October	0.1007	0.1003	0.1005
November	0.1007	0.1002	0.1005
December	0.1009	0.1004	0.1005