YEARLY HIGH
436.7707 NGN
YEARLY LOW
394.4614 NGN
YEARLY AVERAGE
414.0284 NGN

2011 BHD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 436.7707. Conversely, the yearly low was recorded on August 25, dropping to 394.4614.

This high-to-low spread represents a total annual volatility of 42.3093 NGN. From a start-to-finish perspective, comparing the January average rate of 405.2828 to the December average rate of 431.3552, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 436.7707 was up 6.11% compared to the 2010 peak of 411.6310, 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 2,183,853 NGN
2010 Average 2,006,780 NGN
Yearly Trough Low 1,972,307 NGN
Transaction Impact: A difference of 211,546.53 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

434.0468
401.7474
JanuMarcMayJulySeptNove

BHD to NGN 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 410.3985, compared to 417.6583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2597 points.

H1 Avg (Jan–Jun) 410.3985
H2 Avg (Jul–Dec) 417.6583

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 19.5839 NGN (High: 414.0452 / Low: 394.4614). On the other end, February was the most stable month, with a tight range of 4.4849 NGN (High: 409.2415 / Low: 404.7566).

August Spread (Volatile) ±19.5839
February Spread (Stable) ±4.4849

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.2506 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.2506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 431.3552) against the same month in 2010 (average: 405.3552), the exchange rate shifted by +26.0000 (+6.41%).

2011 Avg (December) 431.3552
2010 Avg (December) 405.3552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 409.1688 403.6035 405.2828
February 409.2415 404.7566 406.1303
March 417.2689 407.5250 411.9016
April 412.5374 407.1505 410.7019
May 418.8118 410.2766 414.6851
June 416.4640 404.5135 413.6896
July 407.2067 399.2912 404.4390
August 414.0452 394.4614 408.1311
September 422.3440 411.0386 415.1329
October 435.7910 418.3346 424.9293
November 428.2172 417.4300 421.9621
December 436.7707 428.0470 431.3552