2021 BHD to MGA Historical Review

YEARLY HIGH

10590.1696 MGA

YEARLY LOW

9841.0576 MGA

YEARLY AVERAGE

10220.0370 MGA

2021 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 10590.1696. Conversely, the yearly low was recorded on February 8, dropping to 9841.0576.

This high-to-low spread represents a total annual volatility of 749.1120 MGA. From a start-to-finish perspective, comparing the January average rate of 10098.8705 to the December average rate of 10522.8616, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10590.1696 was up 0.46% compared to the 2020 peak of 10542.0608, 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 52,950,848 MGA

2020 Average 50,504,413 MGA

Yearly Trough Low 49,205,288 MGA

Transaction Impact: A difference of 3,745,559.78 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10609.4834

9920.4991

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 10024.1366, compared to 10415.9374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 391.8009 points.

H1 Avg (Jan–Jun) 10024.1366

H2 Avg (Jul–Dec) 10415.9374

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 457.0397 MGA (High: 10427.8091 / Low: 9970.7694). On the other end, November was the most stable month, with a tight range of 80.8172 MGA (High: 10590.1696 / Low: 10509.3524).

January Spread (Volatile) ±457.0397

November Spread (Stable) ±80.8172

Growth Streaks & Declines

Trends

Between May and November, 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 January and February, when the average rate fell by 119.6850 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -119.6850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 10552.0680) against the same month in 2020 (average: 10400.3331), the exchange rate shifted by +151.7350 (+1.46%).

2021 Avg (November) 10552.0680

2020 Avg (November) 10400.3331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10427.8091	9970.7694	10098.8705
February	10051.6731	9841.0576	9979.1855
March	10092.1083	9899.2033	10009.4357
April	10111.8281	9975.2689	10051.6594
May	10121.9599	9937.8662	9977.9145
June	10241.5770	9944.7191	10027.7540
July	10411.6763	9980.1701	10182.2568
August	10408.0849	10052.3926	10320.7899
September	10533.1652	10345.0585	10423.2740
October	10548.0462	10379.4708	10494.3744
November	10590.1696	10509.3524	10552.0680
December	10572.1707	10362.8166	10522.8616