YEARLY HIGH
0.5117 BHD
YEARLY LOW
0.4933 BHD
YEARLY AVERAGE
0.5030 BHD

2023 XDR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5117. Conversely, the yearly low was recorded on September 30, dropping to 0.4933.

This high-to-low spread represents a total annual volatility of 0.0184 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5064 to the December average rate of 0.5029, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5117 was down 3.96% compared to the 2022 peak of 0.5328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,558 BHD
2022 Average 2,585 BHD
Yearly Trough Low 2,466 BHD
Transaction Impact: A difference of 91.87 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5098
0.4937
JanuMarcMayJulySeptNove

XDR 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 0.5052, compared to 0.5007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.5052
H2 Avg (Jul–Dec) 0.5007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0115 BHD (High: 0.5117 / Low: 0.5001). On the other end, April was the most stable month, with a tight range of 0.0045 BHD (High: 0.5107 / Low: 0.5063).

February Spread (Volatile) ±0.0115
April Spread (Stable) ±0.0045

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 August and September, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5045) against the same month in 2022 (average: 0.5288), the exchange rate shifted by -0.0243 (-4.60%).

2023 Avg (February) 0.5045
2022 Avg (February) 0.5288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5099 0.5001 0.5064
February 0.5117 0.5001 0.5045
March 0.5066 0.4998 0.5026
April 0.5107 0.5063 0.5084
May 0.5102 0.5021 0.5067
June 0.5070 0.4994 0.5028
July 0.5109 0.5012 0.5062
August 0.5101 0.4999 0.5034
September 0.5016 0.4933 0.4983
October 0.4990 0.4937 0.4951
November 0.5033 0.4944 0.4983
December 0.5059 0.5000 0.5029