YEARLY HIGH
0.1229 BHD
YEARLY LOW
0.1090 BHD
YEARLY AVERAGE
0.1173 BHD

2021 GEL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1229. Conversely, the yearly low was recorded on May 2, dropping to 0.1090.

This high-to-low spread represents a total annual volatility of 0.0139 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1142 to the December average rate of 0.1217, the exchange rate registered a net change of 6.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1229 was down 9.40% compared to the 2020 peak of 0.1356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 614 BHD
2020 Average 607 BHD
Yearly Trough Low 545 BHD
Transaction Impact: A difference of 69.59 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1229
0.1086
JanuMarcMayJulySeptNove

GEL 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: JanтАУJun) was 0.1137, compared to 0.1210 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0073 points.

H1 Avg (JanтАУJun) 0.1137
H2 Avg (JulтАУDec) 0.1210

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0067 BHD (High: 0.1157 / Low: 0.1090). On the other end, September was the most stable month, with a tight range of 0.0005 BHD (High: 0.1216 / Low: 0.1211).

May Spread (Volatile) ┬▒0.0067
September Spread (Stable) ┬▒0.0005

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0032 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1217) against the same month in 2020 (average: 0.1145), the exchange rate shifted by +0.0073 (+6.36%).

2021 Avg (December) 0.1217
2020 Avg (December) 0.1145

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 0.1149 0.1138 0.1142
February 0.1144 0.1131 0.1138
March 0.1136 0.1106 0.1130
April 0.1108 0.1090 0.1098
May 0.1157 0.1090 0.1118
June 0.1214 0.1156 0.1195
July 0.1226 0.1191 0.1208
August 0.1226 0.1208 0.1216
September 0.1216 0.1211 0.1213
October 0.1212 0.1197 0.1203
November 0.1219 0.1191 0.1202
December 0.1229 0.1207 0.1217