YEARLY HIGH
0.0279 BHD
YEARLY LOW
0.0232 BHD
YEARLY AVERAGE
0.0255 BHD

2021 NAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0279. Conversely, the yearly low was recorded on November 28, dropping to 0.0232.

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 0.0250 to the December average rate of 0.0237, the exchange rate registered a net change of -5.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0279 was up 3.80% compared to the 2020 peak of 0.0269, 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 140 BHD
2020 Average 115 BHD
Yearly Trough Low 116 BHD
Transaction Impact: A difference of 23.71 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0276
0.0234
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 0.0260, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0260
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0030 BHD (High: 0.0262 / Low: 0.0232). On the other end, April was the most stable month, with a tight range of 0.0008 BHD (High: 0.0265 / Low: 0.0257).

November Spread (Volatile) ±0.0030
April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0272) against the same month in 2020 (average: 0.0221), the exchange rate shifted by +0.0052 (+23.56%).

2021 Avg (June) 0.0272
2020 Avg (June) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0258 0.0243 0.0250
February 0.0260 0.0250 0.0256
March 0.0257 0.0242 0.0252
April 0.0265 0.0257 0.0260
May 0.0274 0.0260 0.0268
June 0.0279 0.0263 0.0272
July 0.0264 0.0254 0.0259
August 0.0262 0.0246 0.0257
September 0.0264 0.0249 0.0254
October 0.0261 0.0249 0.0253
November 0.0262 0.0232 0.0244
December 0.0243 0.0233 0.0237