2022 BHD to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BHD to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BHD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 29.4581. Conversely, the yearly low was recorded on January 13, dropping to 24.4212.
This high-to-low spread represents a total annual volatility of 5.0368 MAD. From a start-to-finish perspective, comparing the January average rate of 24.6443 to the December average rate of 27.9080, the exchange rate registered a net change of 13.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 29.4581 was up 19.10% compared to the 2021 peak of 24.7339, 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 2022.
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 25.7385, compared to 28.1339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3954 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.5219 MAD (High: 29.4581 / Low: 27.9361). On the other end, December was the most stable month, with a tight range of 0.3642 MAD (High: 28.0841 / Low: 27.7199).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6882 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 28.4987) against the same month in 2021 (average: 23.7908), the exchange rate shifted by +4.7080 (+19.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.0393 | 24.4212 | 24.6443 |
| February | 25.3203 | 24.6655 | 24.9087 |
| March | 26.4722 | 25.3314 | 25.8175 |
| April | 26.5141 | 25.7281 | 26.0320 |
| May | 26.8848 | 26.1981 | 26.5291 |
| June | 26.9348 | 26.0580 | 26.4991 |
| July | 27.8549 | 26.5625 | 27.1383 |
| August | 28.1140 | 27.1373 | 27.6139 |
| September | 29.4581 | 27.9361 | 28.4987 |
| October | 29.2485 | 28.7038 | 29.0482 |
| November | 29.2613 | 28.2366 | 28.5962 |
| December | 28.0841 | 27.7199 | 27.9080 |