YEARLY HIGH
25.4944 MAD
YEARLY LOW
24.1827 MAD
YEARLY AVERAGE
24.8799 MAD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 127,472 MAD
2017 Average 128,672 MAD
Yearly Trough Low 120,914 MAD
Transaction Impact: A difference of 6,558.46 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

25.3998
24.2658
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 24.6335
H2 Avg (Jul–Dec) 25.1263

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±0.6317
July Spread (Stable) ±0.2400

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1792

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (December) 25.3053
2017 Avg (December) 24.9889

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