2023 BHD to TRY Historical Review

YEARLY HIGH

78.4123 TRY

YEARLY LOW

49.6219 TRY

YEARLY AVERAGE

63.1378 TRY

2023 BHD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 78.4123. Conversely, the yearly low was recorded on January 1, dropping to 49.6219.

This high-to-low spread represents a total annual volatility of 28.7903 TRY. From a start-to-finish perspective, comparing the January average rate of 49.8264 to the December average rate of 77.1775, the exchange rate registered a net change of 54.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 78.4123 was up 57.94% compared to the 2022 peak of 49.6470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 392,061 TRY

2022 Average 219,843 TRY

Yearly Trough Low 248,110 TRY

Transaction Impact: A difference of 143,951.61 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

79.9126

47.0913

JanuMarcMayJulySeptNove

BHD to TRY 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 52.8485, compared to 73.4272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.5787 points.

H1 Avg (Jan–Jun) 52.8485

H2 Avg (Jul–Dec) 73.4272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 13.7588 TRY (High: 69.1998 / Low: 55.4410). On the other end, January was the most stable month, with a tight range of 0.3511 TRY (High: 49.9730 / Low: 49.6219).

June Spread (Volatile) ±13.7588

January Spread (Stable) ±0.3511

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 77.1775) against the same month in 2022 (average: 49.4969), the exchange rate shifted by +27.6806 (+55.92%).

2023 Avg (December) 77.1775

2022 Avg (December) 49.4969

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.9730	49.6219	49.8264
February	50.3282	49.9143	50.0443
March	51.1359	50.0048	50.4495
April	52.1472	50.9299	51.3505
May	55.0517	51.6626	52.4694
June	69.1998	55.4410	62.9510
July	71.6738	68.7284	70.2871
August	72.1943	68.7296	71.3897
September	72.8484	70.8240	71.6667
October	75.1469	72.7844	73.9805
November	76.8058	75.1138	76.0615
December	78.4123	76.3495	77.1775

2023 BHD నుండి TRY చారిత్రక సమీక్ష