YEARLY HIGH
0.0931 BHD
YEARLY LOW
0.0884 BHD
YEARLY AVERAGE
0.0910 BHD

2019 MYR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MYR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0931. Conversely, the yearly low was recorded on August 25, dropping to 0.0884.

This high-to-low spread represents a total annual volatility of 0.0047 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0916 to the December average rate of 0.0909, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0931 was down 4.78% compared to the 2018 peak of 0.0978, 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 1,862 BHD
2018 Average 1,871 BHD
Yearly Trough Low 1,768 BHD
Transaction Impact: A difference of 94.13 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0927
0.0898
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 0.0915, compared to 0.0905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0915
H2 Avg (Jul–Dec) 0.0905

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0026 BHD (High: 0.0910 / Low: 0.0884). On the other end, October was the most stable month, with a tight range of 0.0004 BHD (High: 0.0902 / Low: 0.0898).

August Spread (Volatile) ±0.0026
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0924) against the same month in 2018 (average: 0.0966), the exchange rate shifted by -0.0041 (-4.30%).

2019 Avg (March) 0.0924
2018 Avg (March) 0.0966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0921 0.0910 0.0916
February 0.0927 0.0920 0.0924
March 0.0931 0.0921 0.0924
April 0.0924 0.0907 0.0916
May 0.0912 0.0899 0.0904
June 0.0914 0.0898 0.0907
July 0.0919 0.0910 0.0915
August 0.0910 0.0884 0.0900
September 0.0905 0.0893 0.0901
October 0.0902 0.0898 0.0901
November 0.0914 0.0902 0.0907
December 0.0922 0.0902 0.0909