YEARLY HIGH
44.7132 ZAR
YEARLY LOW
35.2117 ZAR
YEARLY AVERAGE
39.0073 ZAR

2016 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 44.7132. Conversely, the yearly low was recorded on November 8, dropping to 35.2117.

This high-to-low spread represents a total annual volatility of 9.5016 ZAR. From a start-to-finish perspective, comparing the January average rate of 43.2043 to the December average rate of 36.7893, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 44.7132 was up 6.13% compared to the 2015 peak of 42.1319, 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 223,566 ZAR
2015 Average 169,365 ZAR
Yearly Trough Low 176,058 ZAR
Transaction Impact: A difference of 47,507.94 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

43.8723
35.8566
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 40.8687, compared to 37.1460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7226 points.

H1 Avg (Jan–Jun) 40.8687
H2 Avg (Jul–Dec) 37.1460

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 4.2307 ZAR (High: 41.8909 / Low: 37.6602). On the other end, December was the most stable month, with a tight range of 1.6560 ZAR (High: 37.5069 / Low: 35.8509).

May Spread (Volatile) ±4.2307
December Spread (Stable) ±1.6560

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.9797 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.9797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 43.2043) against the same month in 2015 (average: 30.6601), the exchange rate shifted by +12.5442 (+40.91%).

2016 Avg (January) 43.2043
2015 Avg (January) 30.6601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.7132 41.0389 43.2043
February 42.8681 40.4104 41.9131
March 41.9925 39.1960 40.7404
April 40.4118 37.7368 38.7608
May 41.8909 37.6602 40.5997
June 41.4964 38.2327 39.9937
July 39.2180 36.8540 38.1657
August 38.8493 35.3529 36.5246
September 38.6863 35.8311 37.3649
October 37.9351 35.9277 36.9457
November 38.3210 35.2117 37.0861
December 37.5069 35.8509 36.7893