2023 SEK to BHD Historical Review

YEARLY HIGH

0.0379 BHD

YEARLY LOW

0.0336 BHD

YEARLY AVERAGE

0.0355 BHD

2023 SEK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0379. Conversely, the yearly low was recorded on October 28, dropping to 0.0336.

This high-to-low spread represents a total annual volatility of 0.0043 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0363 to the December average rate of 0.0368, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0379 was down 10.18% compared to the 2022 peak of 0.0422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190 BHD

2022 Average 187 BHD

Yearly Trough Low 168 BHD

Transaction Impact: A difference of 21.71 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0371

0.0337

JanuMarcMayJulySeptNove

SEK 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 0.0359, compared to 0.0352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0359

H2 Avg (Jul–Dec) 0.0352

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0027 BHD (High: 0.0365 / Low: 0.0338). On the other end, September was the most stable month, with a tight range of 0.0008 BHD (High: 0.0345 / Low: 0.0337).

November Spread (Volatile) ±0.0027

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0368) against the same month in 2022 (average: 0.0363), the exchange rate shifted by +0.0006 (+1.55%).

2023 Avg (December) 0.0368

2022 Avg (December) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0353	0.0363
February	0.0366	0.0355	0.0360
March	0.0366	0.0350	0.0358
April	0.0368	0.0358	0.0364
May	0.0372	0.0347	0.0360
June	0.0356	0.0345	0.0350
July	0.0369	0.0344	0.0358
August	0.0357	0.0341	0.0348
September	0.0345	0.0337	0.0340
October	0.0347	0.0336	0.0342
November	0.0365	0.0338	0.0353
December	0.0379	0.0359	0.0368