YEARLY HIGH
923.2337 NGN
YEARLY LOW
525.9659 NGN
YEARLY AVERAGE
682.7244 NGN

2016 BHD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 923.2337. Conversely, the yearly low was recorded on March 12, dropping to 525.9659.

This high-to-low spread represents a total annual volatility of 397.2677 NGN. From a start-to-finish perspective, comparing the January average rate of 528.2250 to the December average rate of 835.4613, the exchange rate registered a net change of 58.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 923.2337 was up 70.27% compared to the 2015 peak of 542.2053, 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 4,616,168 NGN
2015 Average 2,623,664 NGN
Yearly Trough Low 2,629,830 NGN
Transaction Impact: A difference of 1,986,338.69 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

887.7761
494.9954
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 539.0097, compared to 826.4392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 287.4295 points.

H1 Avg (Jan–Jun) 539.0097
H2 Avg (Jul–Dec) 826.4392

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 224.3713 NGN (High: 750.8670 / Low: 526.4957). On the other end, April was the most stable month, with a tight range of 0.8384 NGN (High: 528.4956 / Low: 527.6572).

June Spread (Volatile) ±224.3713
April Spread (Stable) ±0.8384

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 24.7777 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -24.7777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 855.0444) against the same month in 2015 (average: 527.4177), the exchange rate shifted by +327.6267 (+62.12%).

2016 Avg (August) 855.0444
2015 Avg (August) 527.4177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 530.2902 527.0620 528.2250
February 529.8044 526.6925 527.7271
March 528.4125 525.9659 527.7746
April 528.4956 527.6572 528.0043
May 528.5287 527.3855 528.0544
June 750.8670 526.4957 594.2726
July 848.5281 747.2310 775.4905
August 923.2337 827.2156 855.0444
September 835.4735 824.5302 830.2666
October 837.3707 819.0029 830.0963
November 837.6441 825.2240 832.2762
December 841.0563 812.0688 835.4613