YEARLY HIGH
11896.5426 MGA
YEARLY LOW
10481.1086 MGA
YEARLY AVERAGE
10950.9119 MGA

2022 BHD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11896.5426. Conversely, the yearly low was recorded on January 4, dropping to 10481.1086.

This high-to-low spread represents a total annual volatility of 1415.4339 MGA. From a start-to-finish perspective, comparing the January average rate of 10557.3069 to the December average rate of 11731.6400, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 11896.5426 was up 12.34% compared to the 2021 peak of 10590.1696, 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 59,482,713 MGA
2021 Average 51,107,691 MGA
Yearly Trough Low 52,405,543 MGA
Transaction Impact: A difference of 7,077,169.67 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11849.0733
10439.8736
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 10642.5508, compared to 11259.2729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 616.7221 points.

H1 Avg (Jan–Jun) 10642.5508
H2 Avg (Jul–Dec) 11259.2729

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 390.1313 MGA (High: 11570.0579 / Low: 11179.9266). On the other end, February was the most stable month, with a tight range of 96.3523 MGA (High: 10638.6648 / Low: 10542.3125).

November Spread (Volatile) ±390.1313
February Spread (Stable) ±96.3523

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 8.4842 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -8.4842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 11731.6400) against the same month in 2021 (average: 10522.8616), the exchange rate shifted by +1208.7784 (+11.49%).

2022 Avg (December) 11731.6400
2021 Avg (December) 10522.8616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10630.2504 10481.1086 10557.3069
February 10638.6648 10542.3125 10579.0511
March 10758.6450 10576.3772 10665.7043
April 10782.2860 10559.6201 10659.7264
May 10733.7669 10569.6322 10651.2422
June 10818.9885 10597.6603 10742.2740
July 11175.7381 10806.5505 10987.4092
August 11226.7254 10897.6407 11075.6461
September 11280.9780 10927.9182 11087.0079
October 11350.6158 11124.5408 11247.3986
November 11570.0579 11179.9266 11426.5357
December 11896.5426 11567.1910 11731.6400