2023 THB to BHD Historical Review

YEARLY HIGH

0.0115 BHD

YEARLY LOW

0.0102 BHD

YEARLY AVERAGE

0.0108 BHD

2023 THB to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0115. Conversely, the yearly low was recorded on October 3, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0014 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0108, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0115 was down 1.62% compared to the 2022 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 2,887 BHD

2022 Average 2,696 BHD

Yearly Trough Low 2,539 BHD

Transaction Impact: A difference of 347.58 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0115

0.0102

JanuMarcMayJulySeptNove

THB 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 0.0110, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0110

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 BHD (High: 0.0115 / Low: 0.0107). On the other end, April was the most stable month, with a tight range of 0.0002 BHD (High: 0.0111 / Low: 0.0109).

February Spread (Volatile) ±0.0008

April 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 January and February, 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 (January 2023: 0.0114) against the same month in 2022 (average: 0.0113), the exchange rate shifted by +0.0000 (+0.07%).

2023 Avg (January) 0.0114

2022 Avg (January) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0115	0.0109	0.0114
February	0.0115	0.0107	0.0111
March	0.0111	0.0107	0.0109
April	0.0111	0.0109	0.0110
May	0.0112	0.0108	0.0110
June	0.0109	0.0106	0.0108
July	0.0111	0.0106	0.0109
August	0.0110	0.0106	0.0108
September	0.0108	0.0103	0.0105
October	0.0105	0.0102	0.0103
November	0.0109	0.0104	0.0106
December	0.0110	0.0106	0.0108