YEARLY HIGH
1097.6410 NGN
YEARLY LOW
1006.6580 NGN
YEARLY AVERAGE
1069.7528 NGN

2021 BHD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1097.6410. Conversely, the yearly low was recorded on April 27, dropping to 1006.6580.

This high-to-low spread represents a total annual volatility of 90.9830 NGN. From a start-to-finish perspective, comparing the January average rate of 1028.5564 to the December average rate of 1090.7274, the exchange rate registered a net change of 6.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1097.6410 was up 4.75% compared to the 2020 peak of 1047.8805, 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 5,488,205 NGN
2020 Average 5,041,097 NGN
Yearly Trough Low 5,033,290 NGN
Transaction Impact: A difference of 454,914.93 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1098.1759
1022.2273
JanuMarcMayJulySeptNove

BHD to NGN 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 1048.6455, compared to 1090.8601 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 42.2146 points.

H1 Avg (JanтАУJun) 1048.6455
H2 Avg (JulтАУDec) 1090.8601

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 88.0690 NGN (High: 1095.9704 / Low: 1007.9014). On the other end, August was the most stable month, with a tight range of 3.5400 NGN (High: 1093.4724 / Low: 1089.9324).

May Spread (Volatile) ┬▒88.0690
August Spread (Stable) ┬▒3.5400

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 4.9552 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.9552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1090.7274) against the same month in 2020 (average: 1018.1050), the exchange rate shifted by +72.6224 (+7.13%).

2021 Avg (December) 1090.7274
2020 Avg (December) 1018.1050

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 1052.2253 1009.0456 1028.5564
February 1093.6331 1008.0164 1034.1471
March 1088.7750 1007.8854 1029.1919
April 1089.1472 1006.6580 1036.3321
May 1095.9704 1007.9014 1072.5076
June 1095.0324 1087.6284 1091.1381
July 1091.9446 1087.6861 1090.7078
August 1093.4724 1089.9324 1091.7474
September 1094.3537 1088.1394 1091.8469
October 1094.5758 1088.2775 1090.2698
November 1094.4717 1086.6707 1089.8613
December 1097.6410 1087.6469 1090.7274