YEARLY HIGH
10030.1766 MGA
YEARLY LOW
6461.4210 MGA
YEARLY AVERAGE
9636.3505 MGA

2019 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 10030.1766. Conversely, the yearly low was recorded on December 16, dropping to 6461.4210.

This high-to-low spread represents a total annual volatility of 3568.7556 MGA. From a start-to-finish perspective, comparing the January average rate of 9440.4332 to the December average rate of 9561.8974, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 10030.1766 was up 2.68% compared to the 2018 peak of 9768.3285, 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 50,150,883 MGA
2018 Average 44,302,785 MGA
Yearly Trough Low 32,307,105 MGA
Transaction Impact: A difference of 17,843,778.07 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9982.0480
9325.9675
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 9524.2373, compared to 9748.4638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 224.2265 points.

H1 Avg (Jan–Jun) 9524.2373
H2 Avg (Jul–Dec) 9748.4638

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 3340.3167 MGA (High: 9801.7376 / Low: 6461.4210). On the other end, June was the most stable month, with a tight range of 101.8176 MGA (High: 9733.6894 / Low: 9631.8719).

December Spread (Volatile) ±3340.3167
June Spread (Stable) ±101.8176

Growth Streaks & Declines

Trends

Between February and June, 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 227.2630 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -227.2630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 9927.3746) against the same month in 2018 (average: 9023.8382), the exchange rate shifted by +903.5364 (+10.01%).

2019 Avg (September) 9927.3746
2018 Avg (September) 9023.8382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9673.5590 9239.4578 9440.4332
February 9599.4110 9178.4249 9380.6408
March 9500.8837 9276.8318 9395.4963
April 9674.8380 9429.7082 9584.1698
May 9774.5287 9543.4524 9666.4939
June 9733.6894 9631.8719 9678.1897
July 9723.7786 9575.6730 9647.7156
August 9889.1068 9702.6210 9787.0176
September 10030.1766 9834.4168 9927.3746
October 9896.3103 9654.7114 9777.6172
November 9928.0398 9569.2003 9789.1604
December 9801.7376 6461.4210 9561.8974