YEARLY HIGH
9768.3285 MGA
YEARLY LOW
8160.5891 MGA
YEARLY AVERAGE
8858.3758 MGA

2018 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 9768.3285. Conversely, the yearly low was recorded on March 8, dropping to 8160.5891.

This high-to-low spread represents a total annual volatility of 1607.7394 MGA. From a start-to-finish perspective, comparing the January average rate of 8602.9758 to the December average rate of 9421.3867, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 9768.3285 was up 8.99% compared to the 2017 peak of 8962.2415, 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 48,841,643 MGA
2017 Average 41,408,486 MGA
Yearly Trough Low 40,802,946 MGA
Transaction Impact: A difference of 8,038,696.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9667.9660
8237.1447
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 8570.6852, compared to 9146.0664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 575.3812 points.

H1 Avg (Jan–Jun) 8570.6852
H2 Avg (Jul–Dec) 9146.0664

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 534.8162 MGA (High: 9768.3285 / Low: 9233.5123). On the other end, April was the most stable month, with a tight range of 145.6824 MGA (High: 8632.8456 / Low: 8487.1632).

December Spread (Volatile) ±534.8162
April Spread (Stable) ±145.6824

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 January and February, when the average rate fell by 196.8964 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -196.8964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 9421.3867) against the same month in 2017 (average: 8556.6835), the exchange rate shifted by +864.7032 (+10.11%).

2018 Avg (December) 9421.3867
2017 Avg (December) 8556.6835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8684.4045 8500.9429 8602.9758
February 8567.9082 8288.1574 8406.0794
March 8526.8337 8160.5891 8356.3798
April 8632.8456 8487.1632 8530.7861
May 8814.7367 8554.5355 8636.9532
June 9011.3962 8758.1406 8890.9371
July 8949.5885 8679.7282 8826.6791
August 8847.0302 8683.5638 8765.3771
September 9122.7337 8847.0302 9023.8382
October 9398.5949 9113.4689 9290.3864
November 9736.2730 9351.7450 9548.7309
December 9768.3285 9233.5123 9421.3867