YEARLY HIGH
41.2061 MVR
YEARLY LOW
40.6998 MVR
YEARLY AVERAGE
40.9024 MVR

2020 BHD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 41.2061. Conversely, the yearly low was recorded on March 31, dropping to 40.6998.

This high-to-low spread represents a total annual volatility of 0.5062 MVR. From a start-to-finish perspective, comparing the January average rate of 40.9903 to the December average rate of 40.8793, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 41.2061 was down 1.42% compared to the 2019 peak of 41.8013, 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 206,030 MVR
2019 Average 204,844 MVR
Yearly Trough Low 203,499 MVR
Transaction Impact: A difference of 2,531.17 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41.0065
40.8234
JanuMarcMayJulySeptNove

BHD to MVR 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 40.9445, compared to 40.8602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0843 points.

H1 Avg (Jan–Jun) 40.9445
H2 Avg (Jul–Dec) 40.8602

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5062 MVR (High: 41.2061 / Low: 40.6998). On the other end, November was the most stable month, with a tight range of 0.0314 MVR (High: 40.8715 / Low: 40.8401).

March Spread (Volatile) ±0.5062
November Spread (Stable) ±0.0314

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1122 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 40.9509) against the same month in 2019 (average: 41.0057), the exchange rate shifted by -0.0548 (-0.13%).

2020 Avg (March) 40.9509
2019 Avg (March) 41.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.0880 40.8193 40.9903
February 41.1454 40.8220 40.9912
March 41.2061 40.6998 40.9509
April 41.0327 40.7105 40.8387
May 41.0594 40.8955 40.9749
June 41.1324 40.7781 40.9210
July 40.8800 40.7842 40.8490
August 40.8834 40.7569 40.8653
September 40.8826 40.8304 40.8579
October 40.8856 40.8262 40.8559
November 40.8715 40.8401 40.8541
December 41.0013 40.8303 40.8793