YEARLY HIGH
0.0929 BHD
YEARLY LOW
0.0838 BHD
YEARLY AVERAGE
0.0878 BHD

2017 MYR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0929. Conversely, the yearly low was recorded on January 4, dropping to 0.0838.

This high-to-low spread represents a total annual volatility of 0.0090 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0846 to the December average rate of 0.0925, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0929 was down 4.85% compared to the 2016 peak of 0.0976, 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 1,857 BHD
2016 Average 1,823 BHD
Yearly Trough Low 1,677 BHD
Transaction Impact: A difference of 180.55 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0933
0.0838
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 0.0859, compared to 0.0896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0859
H2 Avg (Jul–Dec) 0.0896

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0032 BHD (High: 0.0923 / Low: 0.0890). On the other end, July was the most stable month, with a tight range of 0.0005 BHD (High: 0.0882 / Low: 0.0877).

November Spread (Volatile) ±0.0032
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0925) against the same month in 2016 (average: 0.0845), the exchange rate shifted by +0.0080 (+9.41%).

2017 Avg (December) 0.0925
2016 Avg (December) 0.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0851 0.0838 0.0846
February 0.0852 0.0846 0.0849
March 0.0854 0.0844 0.0849
April 0.0868 0.0850 0.0856
May 0.0883 0.0867 0.0873
June 0.0886 0.0877 0.0882
July 0.0882 0.0877 0.0879
August 0.0884 0.0877 0.0880
September 0.0900 0.0883 0.0895
October 0.0898 0.0889 0.0892
November 0.0923 0.0890 0.0905
December 0.0929 0.0921 0.0925