YEARLY HIGH
0.0192 BHD
YEARLY LOW
0.0172 BHD
YEARLY AVERAGE
0.0186 BHD

2021 MXN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0192. Conversely, the yearly low was recorded on November 27, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.0020 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0180, the exchange rate registered a net change of -4.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0192 was down 5.36% compared to the 2020 peak of 0.0203, 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 962 BHD
2020 Average 883 BHD
Yearly Trough Low 861 BHD
Transaction Impact: A difference of 101.57 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0190
0.0180
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 0.0187, compared to 0.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0185

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0013 BHD (High: 0.0186 / Low: 0.0172). On the other end, July was the most stable month, with a tight range of 0.0004 BHD (High: 0.0191 / Low: 0.0187).

November Spread (Volatile) ±0.0013
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0189) against the same month in 2020 (average: 0.0201), the exchange rate shifted by -0.0012 (-5.82%).

2021 Avg (January) 0.0189
2020 Avg (January) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0192 0.0183 0.0189
February 0.0189 0.0180 0.0186
March 0.0185 0.0175 0.0182
April 0.0190 0.0186 0.0188
May 0.0191 0.0186 0.0189
June 0.0191 0.0182 0.0188
July 0.0191 0.0187 0.0189
August 0.0190 0.0185 0.0188
September 0.0190 0.0183 0.0188
October 0.0187 0.0181 0.0184
November 0.0186 0.0172 0.0181
December 0.0184 0.0176 0.0180