YEARLY HIGH
3.6413 SGD
YEARLY LOW
3.4935 SGD
YEARLY AVERAGE
3.5643 SGD

2021 BHD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 3.6413. Conversely, the yearly low was recorded on January 5, dropping to 3.4935.

This high-to-low spread represents a total annual volatility of 0.1478 SGD. From a start-to-finish perspective, comparing the January average rate of 3.5171 to the December average rate of 3.6163, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.6413 was down 5.80% compared to the 2020 peak of 3.8656, 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 18,207 SGD
2020 Average 18,287 SGD
Yearly Trough Low 17,468 SGD
Transaction Impact: A difference of 739.07 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6263
3.5071
JanuMarcMayJulySeptNove

BHD to SGD 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 3.5347, compared to 3.5940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0593 points.

H1 Avg (Jan–Jun) 3.5347
H2 Avg (Jul–Dec) 3.5940

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0636 SGD (High: 3.6413 / Low: 3.5777). On the other end, January was the most stable month, with a tight range of 0.0357 SGD (High: 3.5292 / Low: 3.4935).

December Spread (Volatile) ±0.0636
January Spread (Stable) ±0.0357

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 March and April, when the average rate fell by 0.0201 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.6163) against the same month in 2020 (average: 3.5330), the exchange rate shifted by +0.0834 (+2.36%).

2021 Avg (December) 3.6163
2020 Avg (December) 3.5330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.5292 3.4935 3.5171
February 3.5455 3.4974 3.5218
March 3.5819 3.5214 3.5617
April 3.5684 3.5136 3.5415
May 3.5452 3.5032 3.5268
June 3.5699 3.5078 3.5390
July 3.6241 3.5679 3.5936
August 3.6211 3.5664 3.5941
September 3.6115 3.5570 3.5753
October 3.6045 3.5625 3.5843
November 3.6353 3.5723 3.6003
December 3.6413 3.5777 3.6163