YEARLY HIGH
38.3669 ZAR
YEARLY LOW
32.5323 ZAR
YEARLY AVERAGE
35.2860 ZAR

2017 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 38.3669. Conversely, the yearly low was recorded on December 27, dropping to 32.5323.

This high-to-low spread represents a total annual volatility of 5.8346 ZAR. From a start-to-finish perspective, comparing the January average rate of 36.0265 to the December average rate of 34.7140, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 38.3669 was down 14.19% compared to the 2016 peak of 44.7132, 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 191,834 ZAR
2016 Average 194,996 ZAR
Yearly Trough Low 162,661 ZAR
Transaction Impact: A difference of 29,172.91 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

37.6607
33.8715
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 35.0412, compared to 35.5308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4896 points.

H1 Avg (Jan–Jun) 35.0412
H2 Avg (Jul–Dec) 35.5308

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 3.9724 ZAR (High: 36.5047 / Low: 32.5323). On the other end, June was the most stable month, with a tight range of 1.2330 ZAR (High: 34.7271 / Low: 33.4941).

December Spread (Volatile) ±3.9724
June Spread (Stable) ±1.2330

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.6309 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 37.3449) against the same month in 2016 (average: 37.0861), the exchange rate shifted by +0.2589 (+0.70%).

2017 Avg (November) 37.3449
2016 Avg (November) 37.0861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.6124 35.1179 36.0265
February 35.7119 34.1426 34.9539
March 35.6874 32.9043 34.2817
April 36.9554 34.4787 35.6352
May 36.2012 34.0257 35.1628
June 34.7271 33.4941 34.1873
July 35.9057 34.2267 34.7990
August 35.7828 34.4846 35.1156
September 35.9936 33.9556 34.8989
October 37.7499 35.1589 36.3125
November 38.3669 36.2259 37.3449
December 36.5047 32.5323 34.7140