YEARLY HIGH
8997.5179 MGA
YEARLY LOW
7782.1076 MGA
YEARLY AVERAGE
8428.4586 MGA

2016 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 8997.5179. Conversely, the yearly low was recorded on July 29, dropping to 7782.1076.

This high-to-low spread represents a total annual volatility of 1215.4103 MGA. From a start-to-finish perspective, comparing the January average rate of 8519.7551 to the December average rate of 8848.2462, the exchange rate registered a net change of 3.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 8997.5179 was down 0.49% compared to the 2015 peak of 9042.0079, 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 44,987,590 MGA
2015 Average 41,129,531 MGA
Yearly Trough Low 38,910,538 MGA
Transaction Impact: A difference of 6,077,051.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

8932.3299
7923.3247
JanuMarcMayJulySeptNove

BHD to MGA 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 8501.4229, compared to 8355.4944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 145.9284 points.

H1 Avg (Jan–Jun) 8501.4229
H2 Avg (Jul–Dec) 8355.4944

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 756.9900 MGA (High: 8539.0975 / Low: 7782.1076). On the other end, January was the most stable month, with a tight range of 72.7068 MGA (High: 8556.4026 / Low: 8483.6958).

July Spread (Volatile) ±756.9900
January Spread (Stable) ±72.7068

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 497.1880 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -497.1880

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 8848.2462) against the same month in 2015 (average: 8506.9476), the exchange rate shifted by +341.2986 (+4.01%).

2016 Avg (December) 8848.2462
2015 Avg (December) 8506.9476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8556.4026 8483.6958 8519.7551
February 8534.4648 8354.7353 8449.5799
March 8620.6194 8436.5353 8504.4645
April 8484.6346 8401.3939 8445.2875
May 8636.5705 8318.8069 8433.6119
June 8721.0765 8595.9777 8655.8382
July 8539.0975 7782.1076 8158.6501
August 8091.0518 7826.5207 8007.4084
September 8240.8764 8041.4655 8089.6166
October 8542.1050 8240.0401 8428.8462
November 8829.6507 8354.1571 8600.1990
December 8997.5179 8757.5140 8848.2462