2023 TWD to BHD Historical Review

YEARLY HIGH

0.0127 BHD

YEARLY LOW

0.0116 BHD

YEARLY AVERAGE

0.0121 BHD

2023 TWD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0127. Conversely, the yearly low was recorded on October 29, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0011 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0121, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0127 was down 7.66% compared to the 2022 peak of 0.0137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63 BHD

2022 Average 63 BHD

Yearly Trough Low 58 BHD

Transaction Impact: A difference of 5.49 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0125

0.0116

JanuMarcMayJulySeptNove

TWD 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 0.0123, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 BHD (High: 0.0127 / Low: 0.0122). On the other end, September was the most stable month, with a tight range of 0.0001 BHD (High: 0.0118 / Low: 0.0117).

February Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0124) against the same month in 2022 (average: 0.0135), the exchange rate shifted by -0.0011 (-8.01%).

2023 Avg (February) 0.0124

2022 Avg (February) 0.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0123	0.0124
February	0.0127	0.0122	0.0124
March	0.0124	0.0121	0.0123
April	0.0124	0.0121	0.0123
May	0.0123	0.0121	0.0123
June	0.0123	0.0121	0.0122
July	0.0122	0.0120	0.0121
August	0.0119	0.0118	0.0119
September	0.0118	0.0117	0.0118
October	0.0118	0.0116	0.0117
November	0.0120	0.0116	0.0118
December	0.0123	0.0120	0.0121