YEARLY HIGH
2.0083 SHP
YEARLY LOW
1.8644 SHP
YEARLY AVERAGE
1.9286 SHP

2021 BHD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.0083. Conversely, the yearly low was recorded on May 31, dropping to 1.8644.

This high-to-low spread represents a total annual volatility of 0.1439 SHP. From a start-to-finish perspective, comparing the January average rate of 1.9440 to the December average rate of 1.9930, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0083 was down 12.85% compared to the 2020 peak of 2.3045, 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 10,042 SHP
2020 Average 10,337 SHP
Yearly Trough Low 9,322 SHP
Transaction Impact: A difference of 719.38 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0039
1.8741
JanuMarcMayJulySeptNove

BHD to SHP 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 1.9109, compared to 1.9463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 1.9109
H2 Avg (Jul–Dec) 1.9463

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0685 SHP (High: 1.9431 / Low: 1.8746). On the other end, January was the most stable month, with a tight range of 0.0312 SHP (High: 1.9614 / Low: 1.9302).

February Spread (Volatile) ±0.0685
January Spread (Stable) ±0.0312

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0323 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.9930) against the same month in 2020 (average: 1.9723), the exchange rate shifted by +0.0208 (+1.05%).

2021 Avg (December) 1.9930
2020 Avg (December) 1.9723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9614 1.9302 1.9440
February 1.9431 1.8746 1.9119
March 1.9373 1.8962 1.9141
April 1.9353 1.8960 1.9172
May 1.9195 1.8644 1.8849
June 1.9223 1.8711 1.8933
July 1.9455 1.8994 1.9200
August 1.9495 1.9048 1.9231
September 1.9752 1.9136 1.9307
October 1.9581 1.9192 1.9383
November 1.9951 1.9367 1.9728
December 2.0083 1.9605 1.9930