YEARLY HIGH
0.1431 BHD
YEARLY LOW
0.1261 BHD
YEARLY AVERAGE
0.1341 BHD

2019 GEL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.1431. Conversely, the yearly low was recorded on November 21, dropping to 0.1261.

This high-to-low spread represents a total annual volatility of 0.0170 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1416 to the December average rate of 0.1304, the exchange rate registered a net change of -7.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1431 was down 8.21% compared to the 2018 peak of 0.1559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 715 BHD
2018 Average 760 BHD
Yearly Trough Low 631 BHD
Transaction Impact: A difference of 84.89 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1436
0.1255
JanuMarcMayJulySeptNove

GEL 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 0.1395, compared to 0.1287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1395
H2 Avg (Jul–Dec) 0.1287

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0079 BHD (High: 0.1349 / Low: 0.1269). On the other end, April was the most stable month, with a tight range of 0.0013 BHD (High: 0.1404 / Low: 0.1391).

July Spread (Volatile) ±0.0079
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0045 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1421) against the same month in 2018 (average: 0.1533), the exchange rate shifted by -0.0112 (-7.27%).

2019 Avg (February) 0.1421
2018 Avg (February) 0.1533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1420 0.1405 0.1416
February 0.1431 0.1401 0.1421
March 0.1417 0.1399 0.1406
April 0.1404 0.1391 0.1399
May 0.1394 0.1344 0.1371
June 0.1386 0.1318 0.1361
July 0.1349 0.1269 0.1316
August 0.1298 0.1267 0.1287
September 0.1283 0.1264 0.1273
October 0.1280 0.1263 0.1272
November 0.1276 0.1261 0.1271
December 0.1321 0.1270 0.1304