YEARLY HIGH
0.0460 BHD
YEARLY LOW
0.0443 BHD
YEARLY AVERAGE
0.0452 BHD

2023 SBD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0460. Conversely, the yearly low was recorded on November 26, dropping to 0.0443.

This high-to-low spread represents a total annual volatility of 0.0017 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0456 to the December average rate of 0.0446, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0460 was down 3.03% 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 SBD based on timing:

Yearly Peak High 230 BHD
2022 Average 232 BHD
Yearly Trough Low 221 BHD
Transaction Impact: A difference of 8.70 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0459
0.0445
JanuMarcMayJulySeptNove

SBD 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 0.0455, compared to 0.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0455
H2 Avg (Jul–Dec) 0.0448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0010 BHD (High: 0.0458 / Low: 0.0448). On the other end, June was the most stable month, with a tight range of 0.0002 BHD (High: 0.0453 / Low: 0.0451).

April Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0458) against the same month in 2022 (average: 0.0469), the exchange rate shifted by -0.0011 (-2.33%).

2023 Avg (March) 0.0458
2022 Avg (March) 0.0469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0459 0.0453 0.0456
February 0.0460 0.0453 0.0457
March 0.0460 0.0454 0.0458
April 0.0458 0.0448 0.0454
May 0.0454 0.0449 0.0453
June 0.0453 0.0451 0.0452
July 0.0452 0.0444 0.0450
August 0.0452 0.0449 0.0451
September 0.0450 0.0446 0.0449
October 0.0450 0.0443 0.0447
November 0.0449 0.0443 0.0447
December 0.0448 0.0444 0.0446