YEARLY HIGH
0.1161 BHD
YEARLY LOW
0.1066 BHD
YEARLY AVERAGE
0.1118 BHD

2016 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1161. Conversely, the yearly low was recorded on February 28, dropping to 0.1066.

This high-to-low spread represents a total annual volatility of 0.0094 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1097 to the December average rate of 0.1110, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1161 was down 8.36% compared to the 2015 peak of 0.1266, 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 580 BHD
2015 Average 593 BHD
Yearly Trough Low 533 BHD
Transaction Impact: A difference of 47.20 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1149
0.1069
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 0.1115, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1115
H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0063 BHD (High: 0.1134 / Low: 0.1070). On the other end, October was the most stable month, with a tight range of 0.0016 BHD (High: 0.1123 / Low: 0.1107).

March Spread (Volatile) ±0.0063
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.1142) against the same month in 2015 (average: 0.1209), the exchange rate shifted by -0.0067 (-5.58%).

2016 Avg (April) 0.1142
2015 Avg (April) 0.1209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1105 0.1083 0.1097
February 0.1085 0.1066 0.1076
March 0.1134 0.1070 0.1108
April 0.1161 0.1112 0.1142
May 0.1150 0.1118 0.1132
June 0.1148 0.1117 0.1137
July 0.1152 0.1123 0.1142
August 0.1141 0.1115 0.1132
September 0.1127 0.1108 0.1116
October 0.1123 0.1107 0.1114
November 0.1121 0.1101 0.1108
December 0.1123 0.1102 0.1110