YEARLY HIGH
0.0934 BHD
YEARLY LOW
0.0850 BHD
YEARLY AVERAGE
0.0898 BHD

2020 MYR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0934. Conversely, the yearly low was recorded on March 23, dropping to 0.0850.

This high-to-low spread represents a total annual volatility of 0.0084 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0925 to the December average rate of 0.0930, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0934 was up 0.34% compared to the 2019 peak of 0.0931, 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 1,868 BHD
2019 Average 1,820 BHD
Yearly Trough Low 1,700 BHD
Transaction Impact: A difference of 167.70 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0936
0.0862
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 0.0888, compared to 0.0908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0888
H2 Avg (Jul–Dec) 0.0908

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0055 BHD (High: 0.0905 / Low: 0.0850). On the other end, October was the most stable month, with a tight range of 0.0005 BHD (High: 0.0910 / Low: 0.0905).

March Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and September, 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 0.0028 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0930) against the same month in 2019 (average: 0.0909), the exchange rate shifted by +0.0020 (+2.22%).

2020 Avg (December) 0.0930
2019 Avg (December) 0.0909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0930 0.0919 0.0925
February 0.0920 0.0890 0.0906
March 0.0905 0.0850 0.0878
April 0.0879 0.0860 0.0868
May 0.0880 0.0865 0.0870
June 0.0888 0.0875 0.0883
July 0.0889 0.0880 0.0884
August 0.0905 0.0889 0.0900
September 0.0916 0.0904 0.0909
October 0.0910 0.0905 0.0908
November 0.0927 0.0905 0.0917
December 0.0934 0.0925 0.0930