YEARLY HIGH
976.8825 NGN
YEARLY LOW
812.6702 NGN
YEARLY AVERAGE
955.1156 NGN

2019 BHD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 976.8825. Conversely, the yearly low was recorded on June 10, dropping to 812.6702.

This high-to-low spread represents a total annual volatility of 164.2123 NGN. From a start-to-finish perspective, comparing the January average rate of 963.9675 to the December average rate of 961.6585, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 976.8825 was up 0.23% compared to the 2018 peak of 974.6641, 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 4,884,413 NGN
2018 Average 4,788,405 NGN
Yearly Trough Low 4,063,351 NGN
Transaction Impact: A difference of 821,061.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

968.1238
918.2481
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 951.8713, compared to 958.3598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4885 points.

H1 Avg (Jan–Jun) 951.8713
H2 Avg (Jul–Dec) 958.3598

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 164.0006 NGN (High: 976.8825 / Low: 812.8820). On the other end, November was the most stable month, with a tight range of 3.6369 NGN (High: 962.5610 / Low: 958.9241).

August Spread (Volatile) ±164.0006
November Spread (Stable) ±3.6369

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 33.0992 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -33.0992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 952.7277) against the same month in 2018 (average: 956.6814), the exchange rate shifted by -3.9537 (-0.41%).

2019 Avg (August) 952.7277
2018 Avg (August) 956.6814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 969.2939 959.4651 963.9675
February 963.2310 956.8322 958.8498
March 959.5649 951.6160 955.2819
April 960.3697 950.9984 955.2207
May 959.4411 953.2304 955.5037
June 961.1436 812.6702 922.4044
July 961.3406 953.4899 956.1824
August 976.8825 812.8820 952.7277
September 962.7141 951.8963 959.1983
October 963.5390 957.4073 959.5941
November 962.5610 958.9241 960.7978
December 963.9957 958.7461 961.6585