YEARLY HIGH
0.3007 BHD
YEARLY LOW
0.2584 BHD
YEARLY AVERAGE
0.2847 BHD

2016 CAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.3007. Conversely, the yearly low was recorded on January 17, dropping to 0.2584.

This high-to-low spread represents a total annual volatility of 0.0423 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2657 to the December average rate of 0.2823, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3007 was down 7.20% compared to the 2015 peak of 0.3240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 1,504 BHD
2015 Average 1,477 BHD
Yearly Trough Low 1,292 BHD
Transaction Impact: A difference of 211.62 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2967
0.2629
JanuMarcMayJulySeptNove

CAD to BHD 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 0.2837, compared to 0.2858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2837
H2 Avg (Jul–Dec) 0.2858

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0142 BHD (High: 0.2726 / Low: 0.2584). On the other end, November was the most stable month, with a tight range of 0.0048 BHD (High: 0.2832 / Low: 0.2784).

January Spread (Volatile) ±0.0142
November Spread (Stable) ±0.0048

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 October and November, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.2913) against the same month in 2015 (average: 0.3096), the exchange rate shifted by -0.0183 (-5.92%).

2016 Avg (May) 0.2913
2015 Avg (May) 0.3096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2726 0.2584 0.2657
February 0.2788 0.2686 0.2734
March 0.2901 0.2805 0.2852
April 0.3004 0.2868 0.2938
May 0.3007 0.2870 0.2913
June 0.2966 0.2878 0.2925
July 0.2931 0.2863 0.2896
August 0.2945 0.2861 0.2901
September 0.2929 0.2853 0.2880
October 0.2876 0.2811 0.2846
November 0.2832 0.2784 0.2802
December 0.2871 0.2775 0.2823