2019 BHD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |