YEARLY HIGH
399.5305 JMD
YEARLY LOW
347.3886 JMD
YEARLY AVERAGE
376.3564 JMD

2020 BHD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 399.5305. Conversely, the yearly low was recorded on January 4, dropping to 347.3886.

This high-to-low spread represents a total annual volatility of 52.1419 JMD. From a start-to-finish perspective, comparing the January average rate of 356.9258 to the December average rate of 381.2180, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 399.5305 was up 6.73% compared to the 2019 peak of 374.3379, 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 1,997,653 JMD
2019 Average 1,771,317 JMD
Yearly Trough Low 1,736,943 JMD
Transaction Impact: A difference of 260,709.56 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

399.1791
353.0846
JanuMarcMayJulySeptNove

BHD to JMD 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 367.6212, compared to 385.0917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.4705 points.

H1 Avg (Jan–Jun) 367.6212
H2 Avg (Jul–Dec) 385.0917

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 22.7055 JMD (High: 370.0941 / Low: 347.3886). On the other end, November was the most stable month, with a tight range of 8.1037 JMD (High: 392.8897 / Low: 384.7859).

January Spread (Volatile) ±22.7055
November Spread (Stable) ±8.1037

Growth Streaks & Declines

Trends

Between March and May, 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 13.8252 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.8252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 395.3379) against the same month in 2019 (average: 358.1797), the exchange rate shifted by +37.1583 (+10.37%).

2020 Avg (August) 395.3379
2019 Avg (August) 358.1797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 370.0941 347.3886 356.9258
February 375.3699 363.9444 370.9928
March 363.9444 353.8650 358.4128
April 374.8079 355.4641 364.3038
May 389.4269 372.0615 382.0968
June 379.4534 369.0213 372.9952
July 390.8249 368.4648 379.6299
August 399.5305 390.3761 395.3379
September 393.2551 375.0509 381.5127
October 387.8252 375.1204 383.1048
November 392.8897 384.7859 389.7467
December 388.3033 376.6289 381.2180