YEARLY HIGH
43.9678 TRY
YEARLY LOW
18.4645 TRY
YEARLY AVERAGE
23.5560 TRY

2021 BHD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 43.9678. Conversely, the yearly low was recorded on February 15, dropping to 18.4645.

This high-to-low spread represents a total annual volatility of 25.5033 TRY. From a start-to-finish perspective, comparing the January average rate of 19.6267 to the December average rate of 35.6976, the exchange rate registered a net change of 81.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 43.9678 was up 94.45% compared to the 2020 peak of 22.6109, 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 219,839 TRY
2020 Average 93,100 TRY
Yearly Trough Low 92,322 TRY
Transaction Impact: A difference of 127,516.70 TRY purely based on transaction execution date.

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37.3831
17.1570
JanuMarcMayJulySeptNove

BHD to TRY 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 20.9602, compared to 26.1517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1915 points.

H1 Avg (Jan–Jun) 20.9602
H2 Avg (Jul–Dec) 26.1517

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 15.5880 TRY (High: 43.9678 / Low: 28.3798). On the other end, January was the most stable month, with a tight range of 0.5380 TRY (High: 19.8555 / Low: 19.3175).

December Spread (Volatile) Âą15.5880
January Spread (Stable) Âą0.5380

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7842 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 35.6976) against the same month in 2020 (average: 20.4291), the exchange rate shifted by +15.2685 (+74.74%).

2021 Avg (December) 35.6976
2020 Avg (December) 20.4291

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Month High Low Average
January 19.8555 19.3175 19.6267
February 19.6836 18.4645 18.8425
March 22.0933 19.1476 20.4131
April 22.3889 21.3057 21.7055
May 22.7583 21.8469 22.2601
June 23.2931 22.2514 22.9136
July 23.0599 22.4187 22.7997
August 22.9537 22.0675 22.4946
September 23.6693 21.9748 22.7402
October 25.7789 23.4797 24.5129
November 35.8251 25.3191 28.6653
December 43.9678 28.3798 35.6976