YEARLY HIGH
8.8531 ILS
YEARLY LOW
8.1595 ILS
YEARLY AVERAGE
8.5729 ILS

2021 BHD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 8.8531. Conversely, the yearly low was recorded on November 17, dropping to 8.1595.

This high-to-low spread represents a total annual volatility of 0.6936 ILS. From a start-to-finish perspective, comparing the January average rate of 8.5712 to the December average rate of 8.3105, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.8531 was down 12.94% compared to the 2020 peak of 10.1685, 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 44,265 ILS
2020 Average 45,596 ILS
Yearly Trough Low 40,797 ILS
Transaction Impact: A difference of 3,468.21 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.8491
8.2267
JanuMarcMayJulySeptNove

BHD to ILS 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 8.6720, compared to 8.4738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1982 points.

H1 Avg (Jan–Jun) 8.6720
H2 Avg (Jul–Dec) 8.4738

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.4050 ILS (High: 8.7064 / Low: 8.3014). On the other end, September was the most stable month, with a tight range of 0.0728 ILS (High: 8.5588 / Low: 8.4860).

January Spread (Volatile) ±0.4050
September Spread (Stable) ±0.0728

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.2397 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 8.7972) against the same month in 2020 (average: 9.5155), the exchange rate shifted by -0.7183 (-7.55%).

2021 Avg (March) 8.7972
2020 Avg (March) 9.5155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.7064 8.3014 8.5712
February 8.7837 8.5921 8.6842
March 8.8531 8.7337 8.7972
April 8.8444 8.5869 8.7007
May 8.7260 8.6016 8.6473
June 8.6982 8.5927 8.6313
July 8.7530 8.5571 8.6781
August 8.6192 8.4996 8.5536
September 8.5588 8.4860 8.5040
October 8.5915 8.3753 8.5182
November 8.4458 8.1595 8.2785
December 8.4072 8.2140 8.3105