YEARLY HIGH
48.8294 ZAR
YEARLY LOW
38.4484 ZAR
YEARLY AVERAGE
43.4142 ZAR

2022 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 48.8294. Conversely, the yearly low was recorded on March 30, dropping to 38.4484.

This high-to-low spread represents a total annual volatility of 10.3810 ZAR. From a start-to-finish perspective, comparing the January average rate of 41.1214 to the December average rate of 45.8814, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 48.8294 was up 13.18% compared to the 2021 peak of 43.1443, 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 244,147 ZAR
2021 Average 196,179 ZAR
Yearly Trough Low 192,242 ZAR
Transaction Impact: A difference of 51,905.10 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

48.8704
38.8535
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 40.8672, compared to 45.9612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0941 points.

H1 Avg (Jan–Jun) 40.8672
H2 Avg (Jul–Dec) 45.9612

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 3.8742 ZAR (High: 42.4140 / Low: 38.5398). On the other end, February was the most stable month, with a tight range of 1.3203 ZAR (High: 41.1207 / Low: 39.8004).

April Spread (Volatile) ±3.8742
February Spread (Stable) ±1.3203

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 1.7611 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 46.2745) against the same month in 2021 (average: 41.2620), the exchange rate shifted by +5.0125 (+12.15%).

2022 Avg (November) 46.2745
2021 Avg (November) 41.2620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.5401 40.0582 41.1214
February 41.1207 39.8004 40.4162
March 40.9968 38.4484 39.6882
April 42.4140 38.5398 39.8407
May 43.1067 41.0625 42.1621
June 43.2179 40.5616 41.9744
July 45.4752 43.2931 44.6002
August 45.4507 42.8997 44.3346
September 47.9520 45.3960 46.6410
October 48.8194 46.7989 48.0356
November 48.8294 45.0432 46.2745
December 46.8823 44.9296 45.8814