YEARLY HIGH
0.5350 BHD
YEARLY LOW
0.5285 BHD
YEARLY AVERAGE
0.5317 BHD

2021 JOD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5350. Conversely, the yearly low was recorded on May 9, dropping to 0.5285.

This high-to-low spread represents a total annual volatility of 0.0065 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5318 to the December average rate of 0.5318, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5350 was up 0.22% compared to the 2020 peak of 0.5338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,675 BHD
2020 Average 2,660 BHD
Yearly Trough Low 2,643 BHD
Transaction Impact: A difference of 32.38 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5319
0.5315
JanuMarcMayJulySeptNove

JOD 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 0.5317, compared to 0.5317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5317
H2 Avg (Jul–Dec) 0.5317

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0050 BHD (High: 0.5350 / Low: 0.5300). On the other end, October was the most stable month, with a tight range of 0.0003 BHD (High: 0.5319 / Low: 0.5316).

December Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5318) against the same month in 2020 (average: 0.5318), the exchange rate shifted by -0.0001 (-0.01%).

2021 Avg (December) 0.5318
2020 Avg (December) 0.5318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5333 0.5314 0.5318
February 0.5324 0.5316 0.5319
March 0.5324 0.5311 0.5318
April 0.5320 0.5304 0.5317
May 0.5318 0.5285 0.5316
June 0.5318 0.5313 0.5317
July 0.5319 0.5310 0.5317
August 0.5319 0.5310 0.5317
September 0.5320 0.5314 0.5317
October 0.5319 0.5316 0.5317
November 0.5321 0.5317 0.5318
December 0.5350 0.5300 0.5318