YEARLY HIGH
8962.2415 MGA
YEARLY LOW
7687.6928 MGA
YEARLY AVERAGE
8282.3900 MGA

2017 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 8962.2415. Conversely, the yearly low was recorded on July 25, dropping to 7687.6928.

This high-to-low spread represents a total annual volatility of 1274.5486 MGA. From a start-to-finish perspective, comparing the January average rate of 8704.7884 to the December average rate of 8556.6835, the exchange rate registered a net change of -1.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 8962.2415 was down 0.39% compared to the 2016 peak of 8997.5179, 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 44,811,207 MGA
2016 Average 42,140,663 MGA
Yearly Trough Low 38,438,464 MGA
Transaction Impact: A difference of 6,372,743.10 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

8790.9369
7757.1540
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 8436.3325, compared to 8128.4475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 307.8850 points.

H1 Avg (Jan–Jun) 8436.3325
H2 Avg (Jul–Dec) 8128.4475

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 594.2896 MGA (High: 8737.0362 / Low: 8142.7466). On the other end, November was the most stable month, with a tight range of 182.8821 MGA (High: 8543.3130 / Low: 8360.4309).

March Spread (Volatile) ±594.2896
November Spread (Stable) ±182.8821

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 462.3979 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -462.3979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 8704.7884) against the same month in 2016 (average: 8519.7551), the exchange rate shifted by +185.0332 (+2.17%).

2017 Avg (January) 8704.7884
2016 Avg (January) 8519.7551

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8962.2415 8452.7554 8704.7884
February 8562.8465 8129.1325 8360.9419
March 8737.0362 8142.7466 8452.9272
April 8700.0475 8388.8437 8492.8481
May 8482.0240 8120.9075 8300.7890
June 8544.3977 8006.8154 8305.7005
July 8158.0139 7687.6928 7843.3025
August 7944.3837 7704.3223 7862.8378
September 8076.9690 7783.1465 7925.6481
October 8389.5433 8031.7666 8159.6231
November 8543.3130 8360.4309 8422.5902
December 8654.2859 8416.7254 8556.6835