YEARLY HIGH
0.2969 BHD
YEARLY LOW
0.2602 BHD
YEARLY AVERAGE
0.2814 BHD

2020 CAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.2969. Conversely, the yearly low was recorded on March 22, dropping to 0.2602.

This high-to-low spread represents a total annual volatility of 0.0367 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2883 to the December average rate of 0.2944, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2969 was up 2.41% compared to the 2019 peak of 0.2899, 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 1,485 BHD
2019 Average 1,421 BHD
Yearly Trough Low 1,301 BHD
Transaction Impact: A difference of 183.52 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2969
0.2661
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 0.2766, compared to 0.2862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.2766
H2 Avg (Jul–Dec) 0.2862

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0224 BHD (High: 0.2827 / Low: 0.2602). On the other end, February was the most stable month, with a tight range of 0.0038 BHD (High: 0.2852 / Low: 0.2813).

March Spread (Volatile) ±0.0224
February Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0130 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2944) against the same month in 2019 (average: 0.2863), the exchange rate shifted by +0.0080 (+2.81%).

2020 Avg (December) 0.2944
2019 Avg (December) 0.2863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2917 0.2848 0.2883
February 0.2852 0.2813 0.2838
March 0.2827 0.2602 0.2708
April 0.2725 0.2648 0.2686
May 0.2745 0.2651 0.2699
June 0.2824 0.2759 0.2784
July 0.2827 0.2770 0.2791
August 0.2891 0.2811 0.2848
September 0.2889 0.2816 0.2853
October 0.2875 0.2830 0.2855
November 0.2904 0.2820 0.2883
December 0.2969 0.2915 0.2944