2018 BHD to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BHD to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BHD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 25.4944. Conversely, the yearly low was recorded on February 1, dropping to 24.1827.
This high-to-low spread represents a total annual volatility of 1.3117 MAD. From a start-to-finish perspective, comparing the January average rate of 24.5483 to the December average rate of 25.3053, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 25.4944 was down 5.70% compared to the 2017 peak of 27.0344, 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 2018.
BHD to MAD 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 24.6335, compared to 25.1263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4928 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.6317 MAD (High: 24.8812 / Low: 24.2496). On the other end, July was the most stable month, with a tight range of 0.2400 MAD (High: 25.0521 / Low: 24.8121).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1792 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 25.3053) against the same month in 2017 (average: 24.9889), the exchange rate shifted by +0.3165 (+1.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.8812 | 24.2496 | 24.5483 |
| February | 24.5653 | 24.1827 | 24.3791 |
| March | 24.4652 | 24.1999 | 24.3603 |
| April | 24.6422 | 24.2948 | 24.4355 |
| May | 25.3339 | 24.7045 | 24.9680 |
| June | 25.2908 | 24.8973 | 25.1101 |
| July | 25.0521 | 24.8121 | 24.9684 |
| August | 25.3959 | 24.8758 | 25.1285 |
| September | 25.0796 | 24.8014 | 24.9493 |
| October | 25.3881 | 25.0096 | 25.1618 |
| November | 25.4394 | 25.0785 | 25.2444 |
| December | 25.4944 | 25.1443 | 25.3053 |