2014 PEN to BHD Historical Review

YEARLY HIGH

0.1363 BHD

YEARLY LOW

0.1261 BHD

YEARLY AVERAGE

0.1329 BHD

2014 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.1363. Conversely, the yearly low was recorded on December 30, dropping to 0.1261.

This high-to-low spread represents a total annual volatility of 0.0103 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1342 to the December average rate of 0.1273, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1363 was down 8.21% compared to the 2013 peak of 0.1485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 682 BHD

2013 Average 698 BHD

Yearly Trough Low 630 BHD

Transaction Impact: A difference of 51.38 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1361

0.1265

JanuMarcMayJulySeptNove

PEN 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 0.1346, compared to 0.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1346

H2 Avg (Jul–Dec) 0.1311

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0028 BHD (High: 0.1289 / Low: 0.1261). On the other end, March was the most stable month, with a tight range of 0.0009 BHD (High: 0.1348 / Low: 0.1340).

December Spread (Volatile) ±0.0028

March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1351) against the same month in 2013 (average: 0.1427), the exchange rate shifted by -0.0076 (-5.31%).

2014 Avg (May) 0.1351

2013 Avg (May) 0.1427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1349	0.1335	0.1342
February	0.1346	0.1334	0.1340
March	0.1348	0.1340	0.1343
April	0.1360	0.1340	0.1351
May	0.1363	0.1343	0.1351
June	0.1363	0.1344	0.1350
July	0.1359	0.1348	0.1353
August	0.1350	0.1324	0.1340
September	0.1324	0.1303	0.1316
October	0.1305	0.1289	0.1297
November	0.1296	0.1284	0.1289
December	0.1289	0.1261	0.1273