YEARLY HIGH
0.3131 BHD
YEARLY LOW
0.2914 BHD
YEARLY AVERAGE
0.3008 BHD

2021 CAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.3131. Conversely, the yearly low was recorded on December 20, dropping to 0.2914.

This high-to-low spread represents a total annual volatility of 0.0217 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2963 to the December average rate of 0.2945, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3131 was up 5.46% compared to the 2020 peak of 0.2969, 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 1,566 BHD
2020 Average 1,407 BHD
Yearly Trough Low 1,457 BHD
Transaction Impact: A difference of 108.54 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3124
0.2929
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 0.3023, compared to 0.2992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.3023
H2 Avg (Jul–Dec) 0.2992

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0107 BHD (High: 0.3131 / Low: 0.3024). On the other end, January was the most stable month, with a tight range of 0.0047 BHD (High: 0.2985 / Low: 0.2938).

June Spread (Volatile) ±0.0107
January Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0068 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.3082) against the same month in 2020 (average: 0.2784), the exchange rate shifted by +0.0298 (+10.70%).

2021 Avg (June) 0.3082
2020 Avg (June) 0.2784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2985 0.2938 0.2963
February 0.3014 0.2934 0.2969
March 0.3043 0.2973 0.2999
April 0.3071 0.2988 0.3015
May 0.3129 0.3064 0.3108
June 0.3131 0.3024 0.3082
July 0.3061 0.2957 0.3014
August 0.3024 0.2935 0.2991
September 0.3009 0.2941 0.2975
October 0.3058 0.2981 0.3030
November 0.3047 0.2949 0.2998
December 0.2982 0.2914 0.2945