YEARLY HIGH
0.5633 BHD
YEARLY LOW
0.4587 BHD
YEARLY AVERAGE
0.5110 BHD

2016 FKP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 0.5633. Conversely, the yearly low was recorded on October 27, dropping to 0.4587.

This high-to-low spread represents a total annual volatility of 0.1046 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5429 to the December average rate of 0.4702, the exchange rate registered a net change of -13.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5633 was down 5.93% compared to the 2015 peak of 0.5988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,816 BHD
2015 Average 2,882 BHD
Yearly Trough Low 2,293 BHD
Transaction Impact: A difference of 523.02 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5551
0.4575
JanuMarcMayJulySeptNove

FKP 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 0.5403, compared to 0.4818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0585 points.

H1 Avg (Jan–Jun) 0.5403
H2 Avg (Jul–Dec) 0.4818

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0645 BHD (High: 0.5633 / Low: 0.4987). On the other end, May was the most stable month, with a tight range of 0.0128 BHD (High: 0.5541 / Low: 0.5413).

June Spread (Volatile) ±0.0645
May Spread (Stable) ±0.0128

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 June and July, when the average rate fell by 0.0393 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.5356) against the same month in 2015 (average: 0.5879), the exchange rate shifted by -0.0523 (-8.90%).

2016 Avg (June) 0.5356
2015 Avg (June) 0.5879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5571 0.5337 0.5429
February 0.5497 0.5227 0.5395
March 0.5458 0.5264 0.5377
April 0.5509 0.5299 0.5392
May 0.5541 0.5413 0.5469
June 0.5633 0.4987 0.5356
July 0.5035 0.4866 0.4962
August 0.5031 0.4857 0.4936
September 0.5059 0.4888 0.4956
October 0.4891 0.4587 0.4656
November 0.4749 0.4616 0.4694
December 0.4799 0.4606 0.4702