YEARLY HIGH
40.8734 ZAR
YEARLY LOW
30.6290 ZAR
YEARLY AVERAGE
35.0971 ZAR

2018 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 40.8734. Conversely, the yearly low was recorded on February 24, dropping to 30.6290.

This high-to-low spread represents a total annual volatility of 10.2444 ZAR. From a start-to-finish perspective, comparing the January average rate of 32.3427 to the December average rate of 37.9122, the exchange rate registered a net change of 17.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 40.8734 was up 6.53% compared to the 2017 peak of 38.3669, 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 204,367 ZAR
2017 Average 176,431 ZAR
Yearly Trough Low 153,145 ZAR
Transaction Impact: A difference of 51,221.81 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

39.8631
30.5821
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 32.6000, compared to 37.5942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9942 points.

H1 Avg (Jan–Jun) 32.6000
H2 Avg (Jul–Dec) 37.5942

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 4.0165 ZAR (High: 38.9777 / Low: 34.9612). On the other end, March was the most stable month, with a tight range of 1.0189 ZAR (High: 31.8910 / Low: 30.8721).

August Spread (Volatile) ±4.0165
March Spread (Stable) ±1.0189

Growth Streaks & Declines

Trends

Between February and September, 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 October and November, when the average rate fell by 1.1923 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.1923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 39.0897) against the same month in 2017 (average: 34.8989), the exchange rate shifted by +4.1907 (+12.01%).

2018 Avg (September) 39.0897
2017 Avg (September) 34.8989

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.9966 31.4504 32.3427
February 32.2406 30.6290 31.3555
March 31.8910 30.8721 31.4155
April 33.0054 31.3750 32.1027
May 33.8589 32.4757 33.2193
June 36.6925 33.2898 35.1643
July 36.4508 34.6646 35.3409
August 38.9777 34.9612 37.2421
September 40.8734 37.4481 39.0897
October 39.4351 37.6160 38.5864
November 38.3749 36.2538 37.3941
December 38.8330 36.3491 37.9122