YEARLY HIGH
0.0269 BHD
YEARLY LOW
0.0198 BHD
YEARLY AVERAGE
0.0230 BHD

2020 NAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0269. Conversely, the yearly low was recorded on April 23, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0071 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0263 to the December average rate of 0.0254, the exchange rate registered a net change of -3.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0269 was down 5.01% compared to the 2019 peak of 0.0283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 135 BHD
2019 Average 130 BHD
Yearly Trough Low 99 BHD
Transaction Impact: A difference of 35.52 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0269
0.0198
JanuMarcMayJulySeptNove

NAD 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 0.0229, compared to 0.0232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0229
H2 Avg (Jul–Dec) 0.0232

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0036 BHD (High: 0.0246 / Low: 0.0210). On the other end, July was the most stable month, with a tight range of 0.0008 BHD (High: 0.0229 / Low: 0.0221).

March Spread (Volatile) ±0.0036
July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0263) against the same month in 2019 (average: 0.0272), the exchange rate shifted by -0.0009 (-3.28%).

2020 Avg (January) 0.0263
2019 Avg (January) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0269 0.0255 0.0263
February 0.0255 0.0245 0.0252
March 0.0246 0.0210 0.0227
April 0.0211 0.0198 0.0204
May 0.0217 0.0202 0.0208
June 0.0228 0.0216 0.0221
July 0.0229 0.0221 0.0225
August 0.0228 0.0213 0.0217
September 0.0232 0.0217 0.0224
October 0.0233 0.0208 0.0227
November 0.0247 0.0231 0.0243
December 0.0259 0.0246 0.0254