YEARLY HIGH
0.0002 BHD
YEARLY LOW
0.0001 BHD
YEARLY AVERAGE
0.0001 BHD

2023 SYP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0002. Conversely, the yearly low was recorded on March 19, dropping to 0.0001.

This high-to-low spread represents a total annual volatility of 0.0000 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0002 to the December average rate of 0.0002, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0002 was down 0.16% compared to the 2022 peak of 0.0002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1 BHD
2022 Average 1 BHD
Yearly Trough Low 1 BHD
Transaction Impact: A difference of 0.01 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0002
0.0001
JanuMarcMayJulySeptNove

SYP 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 0.0001, compared to 0.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0001
H2 Avg (Jul–Dec) 0.0002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0000 BHD (High: 0.0002 / Low: 0.0001). On the other end, January was the most stable month, with a tight range of 0.0000 BHD (High: 0.0002 / Low: 0.0001).

March Spread (Volatile) ±0.0000
January Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0002) against the same month in 2022 (average: 0.0001), the exchange rate shifted by +0.0000 (+0.06%).

2023 Avg (December) 0.0002
2022 Avg (December) 0.0001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0002 0.0001 0.0002
February 0.0002 0.0001 0.0001
March 0.0002 0.0001 0.0001
April 0.0002 0.0001 0.0001
May 0.0002 0.0001 0.0001
June 0.0002 0.0001 0.0001
July 0.0002 0.0001 0.0001
August 0.0002 0.0001 0.0002
September 0.0002 0.0001 0.0002
October 0.0002 0.0001 0.0002
November 0.0002 0.0001 0.0001
December 0.0002 0.0001 0.0002