2021 BHD to PEN Historical Review

YEARLY HIGH

10.9765 PEN

YEARLY LOW

9.5303 PEN

YEARLY AVERAGE

10.2917 PEN

2021 BHD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 10.9765. Conversely, the yearly low was recorded on April 9, dropping to 9.5303.

This high-to-low spread represents a total annual volatility of 1.4462 PEN. From a start-to-finish perspective, comparing the January average rate of 9.6201 to the December average rate of 10.7258, the exchange rate registered a net change of 11.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.9765 was up 12.96% compared to the 2020 peak of 9.7175, 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 54,882 PEN

2020 Average 46,328 PEN

Yearly Trough Low 47,652 PEN

Transaction Impact: A difference of 7,230.86 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.0261

9.4922

JanuMarcMayJulySeptNove

BHD to PEN 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 9.8825, compared to 10.7008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8183 points.

H1 Avg (Jan–Jun) 9.8825

H2 Avg (Jul–Dec) 10.7008

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.6013 PEN (High: 10.1316 / Low: 9.5303). On the other end, February was the most stable month, with a tight range of 0.0507 PEN (High: 9.7000 / Low: 9.6493).

April Spread (Volatile) ±0.6013

February Spread (Stable) ±0.0507

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2387 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 10.6596) against the same month in 2020 (average: 9.5355), the exchange rate shifted by +1.1241 (+11.79%).

2021 Avg (October) 10.6596

2020 Avg (October) 9.5355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6751	9.5716	9.6201
February	9.7000	9.6493	9.6695
March	9.9740	9.7001	9.8329
April	10.1316	9.5303	9.7891
May	10.2166	9.7050	10.0022
June	10.5803	10.1431	10.3813
July	10.5593	10.2580	10.4436
August	10.9127	10.4068	10.8184
September	10.9672	10.8453	10.8983
October	10.9765	10.3982	10.6596
November	10.7836	10.5971	10.6591
December	10.8331	10.5150	10.7258