YEARLY HIGH
0.1401 BHD
YEARLY LOW
0.1376 BHD
YEARLY AVERAGE
0.1394 BHD

2023 XCD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.1401. Conversely, the yearly low was recorded on March 19, dropping to 0.1376.

This high-to-low spread represents a total annual volatility of 0.0025 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1395 to the December average rate of 0.1395, 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 0.1401 was down 0.16% compared to the 2022 peak of 0.1403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 700 BHD
2022 Average 698 BHD
Yearly Trough Low 688 BHD
Transaction Impact: A difference of 12.31 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1395
0.1393
JanuMarcMayJulySeptNove

XCD 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 0.1394, compared to 0.1395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1394
H2 Avg (Jul–Dec) 0.1395

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0020 BHD (High: 0.1396 / Low: 0.1376). On the other end, January was the most stable month, with a tight range of 0.0003 BHD (High: 0.1395 / Low: 0.1392).

March Spread (Volatile) ±0.0020
January Spread (Stable) ±0.0003

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1395) against the same month in 2022 (average: 0.1394), the exchange rate shifted by +0.0001 (+0.06%).

2023 Avg (December) 0.1395
2022 Avg (December) 0.1394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1395 0.1392 0.1395
February 0.1395 0.1387 0.1394
March 0.1396 0.1376 0.1394
April 0.1400 0.1380 0.1394
May 0.1395 0.1386 0.1394
June 0.1395 0.1389 0.1394
July 0.1395 0.1386 0.1394
August 0.1400 0.1392 0.1395
September 0.1395 0.1391 0.1395
October 0.1398 0.1390 0.1395
November 0.1398 0.1386 0.1394
December 0.1401 0.1392 0.1395