YEARLY HIGH
0.0203 BHD
YEARLY LOW
0.0149 BHD
YEARLY AVERAGE
0.0177 BHD

2020 MXN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0203. Conversely, the yearly low was recorded on March 23, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0054 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0189, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0203 was up 1.17% compared to the 2019 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,017 BHD
2019 Average 979 BHD
Yearly Trough Low 746 BHD
Transaction Impact: A difference of 271.25 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0205
0.0152
JanuMarcMayJulySeptNove

MXN 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 0.0176, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0045 BHD (High: 0.0194 / Low: 0.0149). On the other end, January was the most stable month, with a tight range of 0.0003 BHD (High: 0.0202 / Low: 0.0199).

March Spread (Volatile) ±0.0045
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0030 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0200) against the same month in 2019 (average: 0.0197), the exchange rate shifted by +0.0003 (+1.77%).

2020 Avg (February) 0.0200
2019 Avg (February) 0.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0202 0.0199 0.0201
February 0.0203 0.0192 0.0200
March 0.0194 0.0149 0.0170
April 0.0162 0.0149 0.0156
May 0.0170 0.0152 0.0161
June 0.0176 0.0164 0.0169
July 0.0172 0.0165 0.0168
August 0.0173 0.0166 0.0170
September 0.0180 0.0168 0.0174
October 0.0181 0.0173 0.0178
November 0.0189 0.0176 0.0185
December 0.0191 0.0186 0.0189