YEARLY HIGH
0.0659 BHD
YEARLY LOW
0.0609 BHD
YEARLY AVERAGE
0.0637 BHD

2021 GHS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.0659. Conversely, the yearly low was recorded on December 9, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0049 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0644 to the December average rate of 0.0614, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0659 was down 7.03% compared to the 2020 peak of 0.0708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329 BHD
2020 Average 329 BHD
Yearly Trough Low 305 BHD
Transaction Impact: A difference of 24.69 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0661
0.0609
JanuMarcMayJulySeptNove

GHS 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 0.0651, compared to 0.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0651
H2 Avg (Jul–Dec) 0.0623

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0014 BHD (High: 0.0644 / Low: 0.0630). On the other end, May was the most stable month, with a tight range of 0.0004 BHD (High: 0.0654 / Low: 0.0650).

July Spread (Volatile) ±0.0014
May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0656) against the same month in 2020 (average: 0.0676), the exchange rate shifted by -0.0020 (-2.91%).

2021 Avg (March) 0.0656
2020 Avg (March) 0.0676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0647 0.0639 0.0644
February 0.0656 0.0647 0.0651
March 0.0659 0.0652 0.0656
April 0.0655 0.0651 0.0653
May 0.0654 0.0650 0.0653
June 0.0652 0.0644 0.0649
July 0.0644 0.0630 0.0635
August 0.0634 0.0623 0.0626
September 0.0633 0.0622 0.0625
October 0.0624 0.0618 0.0621
November 0.0620 0.0613 0.0616
December 0.0619 0.0609 0.0614