YEARLY HIGH
3.6816 CAD
YEARLY LOW
3.3042 CAD
YEARLY AVERAGE
3.4527 CAD

2022 BHD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 3.6816. Conversely, the yearly low was recorded on March 27, dropping to 3.3042.

This high-to-low spread represents a total annual volatility of 0.3774 CAD. From a start-to-finish perspective, comparing the January average rate of 3.3500 to the December average rate of 3.6104, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.6816 was up 7.28% compared to the 2021 peak of 3.4316, 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 18,408 CAD
2021 Average 16,628 CAD
Yearly Trough Low 16,521 CAD
Transaction Impact: A difference of 1,886.98 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.6618
3.3209
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3.3729, compared to 3.5326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1597 points.

H1 Avg (Jan–Jun) 3.3729
H2 Avg (Jul–Dec) 3.5326

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2228 CAD (High: 3.6659 / Low: 3.4431). On the other end, February was the most stable month, with a tight range of 0.0440 CAD (High: 3.4033 / Low: 3.3593).

September Spread (Volatile) ±0.2228
February Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0717 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 3.6334) against the same month in 2021 (average: 3.3005), the exchange rate shifted by +0.3329 (+10.09%).

2022 Avg (October) 3.6334
2021 Avg (October) 3.3005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3886 3.3149 3.3500
February 3.4033 3.3593 3.3762
March 3.4195 3.3042 3.3551
April 3.4126 3.3113 3.3493
May 3.4566 3.3522 3.4071
June 3.4556 3.3256 3.3997
July 3.4772 3.3956 3.4287
August 3.4856 3.3857 3.4291
September 3.6659 3.4431 3.5322
October 3.6816 3.5831 3.6334
November 3.6453 3.5205 3.5617
December 3.6491 3.5631 3.6104