2023 TJS to BHD Historical Review

YEARLY HIGH

0.0377 BHD

YEARLY LOW

0.0342 BHD

YEARLY AVERAGE

0.0349 BHD

2023 TJS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0377. Conversely, the yearly low was recorded on September 30, dropping to 0.0342.

This high-to-low spread represents a total annual volatility of 0.0034 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0368 to the December average rate of 0.0345, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0377 was down 3.15% compared to the 2022 peak of 0.0389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188 BHD

2022 Average 173 BHD

Yearly Trough Low 171 BHD

Transaction Impact: A difference of 17.07 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0371

0.0341

JanuMarcMayJulySeptNove

TJS 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 0.0354, compared to 0.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0354

H2 Avg (Jul–Dec) 0.0344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0032 BHD (High: 0.0377 / Low: 0.0345). On the other end, September was the most stable month, with a tight range of 0.0002 BHD (High: 0.0344 / Low: 0.0342).

March Spread (Volatile) ±0.0032

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0357) against the same month in 2022 (average: 0.0304), the exchange rate shifted by +0.0053 (+17.53%).

2023 Avg (March) 0.0357

2022 Avg (March) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0372	0.0366	0.0368
February	0.0377	0.0351	0.0363
March	0.0377	0.0345	0.0357
April	0.0347	0.0345	0.0345
May	0.0346	0.0344	0.0345
June	0.0346	0.0343	0.0345
July	0.0348	0.0344	0.0345
August	0.0346	0.0343	0.0344
September	0.0344	0.0342	0.0343
October	0.0345	0.0343	0.0344
November	0.0347	0.0343	0.0345
December	0.0346	0.0343	0.0345