YEARLY HIGH
0.0976 BHD
YEARLY LOW
0.0839 BHD
YEARLY AVERAGE
0.0911 BHD

2016 MYR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.0976. Conversely, the yearly low was recorded on December 31, dropping to 0.0839.

This high-to-low spread represents a total annual volatility of 0.0137 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0845, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0976 was down 9.06% compared to the 2015 peak of 0.1073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 1,952 BHD
2015 Average 1,943 BHD
Yearly Trough Low 1,679 BHD
Transaction Impact: A difference of 273.11 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0979
0.0833
JanuMarcMayJulySeptNove

MYR 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 0.0921, compared to 0.0902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0921
H2 Avg (Jul–Dec) 0.0902

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0061 BHD (High: 0.0968 / Low: 0.0907). On the other end, December was the most stable month, with a tight range of 0.0013 BHD (High: 0.0853 / Low: 0.0839).

March Spread (Volatile) ±0.0061
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.0967) against the same month in 2015 (average: 0.1038), the exchange rate shifted by -0.0072 (-6.90%).

2016 Avg (April) 0.0967
2015 Avg (April) 0.1038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0909 0.0852 0.0870
February 0.0913 0.0894 0.0902
March 0.0968 0.0907 0.0928
April 0.0976 0.0959 0.0967
May 0.0963 0.0915 0.0933
June 0.0946 0.0908 0.0925
July 0.0957 0.0926 0.0939
August 0.0945 0.0925 0.0937
September 0.0929 0.0911 0.0918
October 0.0916 0.0895 0.0903
November 0.0901 0.0844 0.0868
December 0.0853 0.0839 0.0845