YEARLY HIGH
41.4085 ZAR
YEARLY LOW
35.1835 ZAR
YEARLY AVERAGE
38.3231 ZAR

2019 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 41.4085. Conversely, the yearly low was recorded on January 31, dropping to 35.1835.

This high-to-low spread represents a total annual volatility of 6.2250 ZAR. From a start-to-finish perspective, comparing the January average rate of 36.6975 to the December average rate of 38.1672, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 41.4085 was up 1.31% compared to the 2018 peak of 40.8734, 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 207,043 ZAR
2018 Average 175,593 ZAR
Yearly Trough Low 175,918 ZAR
Transaction Impact: A difference of 31,125.07 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

40.6521
36.2608
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 37.6506, compared to 38.9956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3450 points.

H1 Avg (Jan–Jun) 37.6506
H2 Avg (Jul–Dec) 38.9956

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 3.5232 ZAR (High: 38.7067 / Low: 35.1835). On the other end, November was the most stable month, with a tight range of 1.0227 ZAR (High: 39.8887 / Low: 38.8660).

January Spread (Volatile) ±3.5232
November Spread (Stable) ±1.0227

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 1.3415 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 40.2862) against the same month in 2018 (average: 37.2421), the exchange rate shifted by +3.0440 (+8.17%).

2019 Avg (August) 40.2862
2018 Avg (August) 37.2421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.7067 35.1835 36.6975
February 37.4740 35.3436 36.6268
March 38.7637 37.5902 38.1779
April 38.3397 36.8832 37.5222
May 39.2385 37.5623 38.2264
June 39.8438 37.3490 38.6529
July 38.0445 36.7935 37.3115
August 41.4085 38.7795 40.2862
September 40.4528 38.6634 39.4581
October 40.6952 38.6492 39.5008
November 39.8887 38.8660 39.2497
December 39.2169 37.1597 38.1672