YEARLY HIGH
3.9520 NZD
YEARLY LOW
3.5630 NZD
YEARLY AVERAGE
3.7515 NZD

2021 BHD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 3.9520. Conversely, the yearly low was recorded on February 24, dropping to 3.5630.

This high-to-low spread represents a total annual volatility of 0.3890 NZD. From a start-to-finish perspective, comparing the January average rate of 3.6912 to the December average rate of 3.9090, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.9520 was down 16.32% compared to the 2020 peak of 4.7225, 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 19,760 NZD
2020 Average 20,430 NZD
Yearly Trough Low 17,815 NZD
Transaction Impact: A difference of 1,944.88 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.9338
3.6360
JanuMarcMayJulySeptNove

BHD to NZD 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 3.7011, compared to 3.8020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1008 points.

H1 Avg (Jan–Jun) 3.7011
H2 Avg (Jul–Dec) 3.8020

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1924 NZD (High: 3.8875 / Low: 3.6951). On the other end, May was the most stable month, with a tight range of 0.0621 NZD (High: 3.7042 / Low: 3.6420).

November Spread (Volatile) ±0.1924
May Spread (Stable) ±0.0621

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0529 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.9090) against the same month in 2020 (average: 3.7376), the exchange rate shifted by +0.1714 (+4.59%).

2021 Avg (December) 3.9090
2020 Avg (December) 3.7376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7455 3.6311 3.6912
February 3.7051 3.5630 3.6608
March 3.8069 3.6378 3.7197
April 3.7825 3.6490 3.7251
May 3.7042 3.6420 3.6722
June 3.8253 3.6571 3.7378
July 3.8315 3.7622 3.7957
August 3.8908 3.7621 3.8030
September 3.8599 3.7098 3.7587
October 3.8354 3.6854 3.7599
November 3.8875 3.6951 3.7855
December 3.9520 3.8773 3.9090