YEARLY HIGH
51.0517 ZAR
YEARLY LOW
37.0135 ZAR
YEARLY AVERAGE
43.6577 ZAR

2020 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 51.0517. Conversely, the yearly low was recorded on January 1, dropping to 37.0135.

This high-to-low spread represents a total annual volatility of 14.0382 ZAR. From a start-to-finish perspective, comparing the January average rate of 38.2098 to the December average rate of 39.4409, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 51.0517 was up 23.29% compared to the 2019 peak of 41.4085, 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 255,259 ZAR
2019 Average 191,663 ZAR
Yearly Trough Low 185,068 ZAR
Transaction Impact: A difference of 70,191.03 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

50.4398
37.0980
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 44.2008, compared to 43.1145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0863 points.

H1 Avg (Jan–Jun) 44.2008
H2 Avg (Jul–Dec) 43.1145

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.0372 ZAR (High: 47.5617 / Low: 40.5245). On the other end, October was the most stable month, with a tight range of 1.3802 ZAR (High: 44.3456 / Low: 42.9655).

March Spread (Volatile) ±7.0372
October Spread (Stable) ±1.3802

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.7226 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.7226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 49.3280) against the same month in 2019 (average: 37.5222), the exchange rate shifted by +11.8058 (+31.46%).

2020 Avg (April) 49.3280
2019 Avg (April) 37.5222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.8049 37.0135 38.2098
February 41.5685 39.1456 39.9376
March 47.5617 40.5245 44.2661
April 51.0517 47.7959 49.3280
May 50.0418 45.9685 48.0930
June 46.1547 43.7556 45.3704
July 45.5318 43.5054 44.4643
August 46.9346 43.9672 45.6759
September 45.4924 42.8811 44.3510
October 44.3456 42.9655 43.5892
November 43.1713 40.1355 41.1658
December 40.5502 38.5411 39.4409