YEARLY HIGH
0.0904 BHD
YEARLY LOW
0.0793 BHD
YEARLY AVERAGE
0.0858 BHD

2022 MYR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0904. Conversely, the yearly low was recorded on November 4, dropping to 0.0793.

This high-to-low spread represents a total annual volatility of 0.0111 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0900 to the December average rate of 0.0854, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0904 was down 4.00% compared to the 2021 peak of 0.0941, 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 1,807 BHD
2021 Average 1,820 BHD
Yearly Trough Low 1,586 BHD
Transaction Impact: A difference of 221.27 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0910
0.0794
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 0.0883, compared to 0.0833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0883
H2 Avg (Jul–Dec) 0.0833

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0049 BHD (High: 0.0842 / Low: 0.0793). On the other end, January was the most stable month, with a tight range of 0.0008 BHD (High: 0.0904 / Low: 0.0896).

November Spread (Volatile) ±0.0049
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0900) against the same month in 2021 (average: 0.0934), the exchange rate shifted by -0.0034 (-3.61%).

2022 Avg (January) 0.0900
2021 Avg (January) 0.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0904 0.0896 0.0900
February 0.0902 0.0892 0.0900
March 0.0903 0.0892 0.0898
April 0.0896 0.0864 0.0884
May 0.0867 0.0856 0.0861
June 0.0860 0.0852 0.0857
July 0.0856 0.0846 0.0849
August 0.0850 0.0839 0.0844
September 0.0841 0.0814 0.0831
October 0.0815 0.0796 0.0804
November 0.0842 0.0793 0.0818
December 0.0863 0.0850 0.0854