YEARLY HIGH
0.0260 BHD
YEARLY LOW
0.0205 BHD
YEARLY AVERAGE
0.0232 BHD

2022 NAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0260. Conversely, the yearly low was recorded on October 24, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0055 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0219, the exchange rate registered a net change of -10.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0260 was down 7.03% compared to the 2021 peak of 0.0279, 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 130 BHD
2021 Average 128 BHD
Yearly Trough Low 102 BHD
Transaction Impact: A difference of 27.59 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0256
0.0204
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 0.0245, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0024 BHD (High: 0.0260 / Low: 0.0236). On the other end, October was the most stable month, with a tight range of 0.0007 BHD (High: 0.0212 / Low: 0.0205).

March Spread (Volatile) ±0.0024
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0251) against the same month in 2021 (average: 0.0252), the exchange rate shifted by -0.0001 (-0.22%).

2022 Avg (March) 0.0251
2021 Avg (March) 0.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0250 0.0235 0.0243
February 0.0251 0.0243 0.0247
March 0.0260 0.0236 0.0251
April 0.0259 0.0235 0.0252
May 0.0242 0.0233 0.0237
June 0.0245 0.0234 0.0239
July 0.0240 0.0221 0.0235
August 0.0233 0.0222 0.0226
September 0.0222 0.0209 0.0215
October 0.0212 0.0205 0.0208
November 0.0222 0.0206 0.0215
December 0.0222 0.0213 0.0219