YEARLY HIGH
24.7339 MAD
YEARLY LOW
23.3308 MAD
YEARLY AVERAGE
23.8465 MAD

2021 BHD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 24.7339. Conversely, the yearly low was recorded on May 25, dropping to 23.3308.

This high-to-low spread represents a total annual volatility of 1.4031 MAD. From a start-to-finish perspective, comparing the January average rate of 23.6188 to the December average rate of 24.5492, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.7339 was down 9.37% compared to the 2020 peak of 27.2906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,669 MAD
2020 Average 125,868 MAD
Yearly Trough Low 116,654 MAD
Transaction Impact: A difference of 7,015.43 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.6549
23.3859
JanuMarcMayJulySeptNove

BHD to MAD 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: JanтАУJun) was 23.6657, compared to 24.0273 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.3615 points.

H1 Avg (JanтАУJun) 23.6657
H2 Avg (JulтАУDec) 24.0273

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5365 MAD (High: 24.5629 / Low: 24.0264). On the other end, October was the most stable month, with a tight range of 0.1379 MAD (High: 24.0845 / Low: 23.9466).

November Spread (Volatile) ┬▒0.5365
October Spread (Stable) ┬▒0.1379

Growth Streaks & Declines

Trends

Between May and August, 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 0.2618 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 24.5492) against the same month in 2020 (average: 23.8231), the exchange rate shifted by +0.7260 (+3.05%).

2021 Avg (December) 24.5492
2020 Avg (December) 23.8231

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 23.7902 23.3408 23.6188
February 23.8844 23.5834 23.7236
March 24.0766 23.7005 23.8884
April 24.0189 23.5436 23.7535
May 23.7822 23.3308 23.4917
June 23.6528 23.3677 23.5186
July 23.7980 23.6393 23.7160
August 23.8921 23.5892 23.7944
September 24.0471 23.6658 23.7908
October 24.0845 23.9466 24.0184
November 24.5629 24.0264 24.2948
December 24.7339 24.4157 24.5492