YEARLY HIGH
10542.0608 MGA
YEARLY LOW
9599.8303 MGA
YEARLY AVERAGE
10100.4014 MGA

2020 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 10542.0608. Conversely, the yearly low was recorded on January 4, dropping to 9599.8303.

This high-to-low spread represents a total annual volatility of 942.2306 MGA. From a start-to-finish perspective, comparing the January average rate of 9762.7669 to the December average rate of 10127.0566, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10542.0608 was up 5.10% compared to the 2019 peak of 10030.1766, 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 52,710,304 MGA
2019 Average 48,186,323 MGA
Yearly Trough Low 47,999,151 MGA
Transaction Impact: A difference of 4,711,152.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10464.0897
9699.0102
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 9946.3010, compared to 10254.5019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 308.2009 points.

H1 Avg (Jan–Jun) 9946.3010
H2 Avg (Jul–Dec) 10254.5019

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 507.6670 MGA (High: 10542.0608 / Low: 10034.3939). On the other end, May was the most stable month, with a tight range of 147.4742 MGA (High: 10135.7814 / Low: 9988.3072).

November Spread (Volatile) ±507.6670
May Spread (Stable) ±147.4742

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 273.2765 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -273.2765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 10400.3331) against the same month in 2019 (average: 9789.1604), the exchange rate shifted by +611.1727 (+6.24%).

2020 Avg (November) 10400.3331
2019 Avg (November) 9789.1604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9874.1525 9599.8303 9762.7669
February 9902.5454 9615.1041 9826.5690
March 9998.1046 9654.5449 9868.1072
April 10112.5552 9929.6977 9994.7215
May 10135.7814 9988.3072 10086.7375
June 10253.7358 9931.4814 10138.9036
July 10269.0596 10085.3087 10194.2233
August 10225.2040 10051.3044 10177.6719
September 10331.4879 10170.0304 10239.2256
October 10541.5961 10315.7362 10388.5008
November 10542.0608 10034.3939 10400.3331
December 10372.5600 9865.2544 10127.0566