2023 BHD to CNY Historical Review

YEARLY HIGH

19.4782 CNY

YEARLY LOW

17.8081 CNY

YEARLY AVERAGE

18.7695 CNY

2023 BHD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 19.4782. Conversely, the yearly low was recorded on January 15, dropping to 17.8081.

This high-to-low spread represents a total annual volatility of 1.6701 CNY. From a start-to-finish perspective, comparing the January average rate of 18.0185 to the December average rate of 18.8789, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.4782 was up 0.54% compared to the 2022 peak of 19.3734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,391 CNY

2022 Average 89,260 CNY

Yearly Trough Low 89,040 CNY

Transaction Impact: A difference of 8,350.41 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4826

17.8854

JanuMarcMayJulySeptNove

BHD to CNY 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 18.3846, compared to 19.1545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7699 points.

H1 Avg (Jan–Jun) 18.3846

H2 Avg (Jul–Dec) 19.1545

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6567 CNY (High: 18.5149 / Low: 17.8582). On the other end, September was the most stable month, with a tight range of 0.2483 CNY (High: 19.4782 / Low: 19.2299).

February Spread (Volatile) ±0.6567

September Spread (Stable) ±0.2483

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2410 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 19.3495) against the same month in 2022 (average: 18.5945), the exchange rate shifted by +0.7550 (+4.06%).

2023 Avg (September) 19.3495

2022 Avg (September) 18.5945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3404	17.8081	18.0185
February	18.5149	17.8582	18.1702
March	18.5156	18.0801	18.3011
April	18.5290	18.1938	18.2822
May	18.8607	18.3190	18.5451
June	19.2600	18.8181	18.9905
July	19.3599	18.8506	19.0800
August	19.3645	18.9406	19.2010
September	19.4782	19.2299	19.3495
October	19.4453	18.9942	19.2976
November	19.4012	18.7710	19.1199
December	19.0387	18.6828	18.8789