YEARLY HIGH
0.0424 BHD
YEARLY LOW
0.0366 BHD
YEARLY AVERAGE
0.0398 BHD

2020 MAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0424. Conversely, the yearly low was recorded on April 2, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0058 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0392 to the December average rate of 0.0420, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0424 was up 6.32% compared to the 2019 peak of 0.0399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212 BHD
2019 Average 196 BHD
Yearly Trough Low 183 BHD
Transaction Impact: A difference of 28.99 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0425
0.0368
JanuMarcMayJulySeptNove

MAD 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 0.0386, compared to 0.0409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0386
H2 Avg (Jul–Dec) 0.0409

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0026 BHD (High: 0.0400 / Low: 0.0374). On the other end, January was the most stable month, with a tight range of 0.0003 BHD (High: 0.0394 / Low: 0.0391).

March Spread (Volatile) ±0.0026
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0017 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0420) against the same month in 2019 (average: 0.0392), the exchange rate shifted by +0.0028 (+7.12%).

2020 Avg (December) 0.0420
2019 Avg (December) 0.0392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0394 0.0391 0.0392
February 0.0393 0.0387 0.0390
March 0.0400 0.0374 0.0390
April 0.0382 0.0366 0.0373
May 0.0386 0.0381 0.0383
June 0.0392 0.0386 0.0390
July 0.0404 0.0389 0.0395
August 0.0412 0.0403 0.0408
September 0.0413 0.0406 0.0409
October 0.0412 0.0407 0.0410
November 0.0416 0.0408 0.0413
December 0.0424 0.0405 0.0420