2011 BHD to ZAR Historical Review

YEARLY HIGH

22.7439 ZAR

YEARLY LOW

17.4789 ZAR

YEARLY AVERAGE

19.2811 ZAR

2011 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 22.7439. Conversely, the yearly low was recorded on May 1, dropping to 17.4789.

This high-to-low spread represents a total annual volatility of 5.2650 ZAR. From a start-to-finish perspective, comparing the January average rate of 18.4028 to the December average rate of 21.7310, the exchange rate registered a net change of 18.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.7439 was up 7.73% compared to the 2010 peak of 21.1122, 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 113,719 ZAR

2010 Average 97,210 ZAR

Yearly Trough Low 87,394 ZAR

Transaction Impact: A difference of 26,325.03 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.1186

17.4672

JanuMarcMayJulySeptNove

BHD to ZAR 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 18.3271, compared to 20.2351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9079 points.

H1 Avg (Jan–Jun) 18.3271

H2 Avg (Jul–Dec) 20.2351

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 3.5882 ZAR (High: 22.2012 / Low: 18.6130). On the other end, June was the most stable month, with a tight range of 0.4423 ZAR (High: 18.2929 / Low: 17.8506).

September Spread (Volatile) ±3.5882

June Spread (Stable) ±0.4423

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 0.7210 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 21.6501) against the same month in 2010 (average: 18.5291), the exchange rate shifted by +3.1211 (+16.84%).

2011 Avg (November) 21.6501

2010 Avg (November) 18.5291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0839	17.5553	18.4028
February	19.4111	18.4916	19.0827
March	18.8151	18.0087	18.3616
April	18.2302	17.4789	17.8548
May	18.7113	17.4789	18.2192
June	18.2929	17.8506	18.0417
July	18.5577	17.6962	18.0147
August	19.2967	17.7844	18.8416
September	22.2012	18.6130	20.0511
October	22.0436	20.5151	21.1219
November	22.7439	20.8812	21.6501
December	22.2871	21.2539	21.7310