2020 BHD to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BHD to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BHD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 27.2906. Conversely, the yearly low was recorded on December 19, dropping to 23.5628.
This high-to-low spread represents a total annual volatility of 3.7279 MAD. From a start-to-finish perspective, comparing the January average rate of 25.4824 to the December average rate of 23.8231, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 27.2906 was up 5.38% compared to the 2019 peak of 25.8969, 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 2020.
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 25.8986, compared to 24.4565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4421 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.7077 MAD (High: 26.7073 / Low: 24.9996). On the other end, January was the most stable month, with a tight range of 0.2149 MAD (High: 25.5995 / Low: 25.3845).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8395 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 26.8395) against the same month in 2019 (average: 25.5656), the exchange rate shifted by +1.2739 (+4.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.5995 | 25.3845 | 25.4824 |
| February | 25.8403 | 25.4535 | 25.6693 |
| March | 26.7073 | 24.9996 | 25.6686 |
| April | 27.2906 | 26.1632 | 26.8395 |
| May | 26.2153 | 25.9392 | 26.0818 |
| June | 25.9012 | 25.4962 | 25.6499 |
| July | 25.7341 | 24.7225 | 25.3289 |
| August | 24.8089 | 24.2670 | 24.4894 |
| September | 24.6394 | 24.1886 | 24.4594 |
| October | 24.5568 | 24.2673 | 24.4167 |
| November | 24.5168 | 24.0415 | 24.2212 |
| December | 24.6776 | 23.5628 | 23.8231 |