2021 BHD to CAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BHD to CAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BHD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 3.4316. Conversely, the yearly low was recorded on June 2, dropping to 3.1937.
This high-to-low spread represents a total annual volatility of 0.2379 CAD. From a start-to-finish perspective, comparing the January average rate of 3.3754 to the December average rate of 3.3952, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 3.4316 was down 10.71% compared to the 2020 peak of 3.8431, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BHD to CAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.3095, compared to 3.3423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0329 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 0.1156 CAD (High: 3.3821 / Low: 3.2666). On the other end, January was the most stable month, with a tight range of 0.0534 CAD (High: 3.4033 / Low: 3.3499).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0989 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 3.3952) against the same month in 2020 (average: 3.3971), the exchange rate shifted by -0.0019 (-0.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.4033 | 3.3499 | 3.3754 |
| February | 3.4089 | 3.3184 | 3.3677 |
| March | 3.3633 | 3.2861 | 3.3345 |
| April | 3.3463 | 3.2560 | 3.3164 |
| May | 3.2633 | 3.1961 | 3.2175 |
| June | 3.3066 | 3.1937 | 3.2452 |
| July | 3.3821 | 3.2666 | 3.3184 |
| August | 3.4068 | 3.3065 | 3.3431 |
| September | 3.4002 | 3.3232 | 3.3610 |
| October | 3.3542 | 3.2696 | 3.3005 |
| November | 3.3911 | 3.2822 | 3.3357 |
| December | 3.4316 | 3.3533 | 3.3952 |