YEARLY HIGH
0.1173 BHD
YEARLY LOW
0.1110 BHD
YEARLY AVERAGE
0.1157 BHD

2017 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.1173. Conversely, the yearly low was recorded on January 11, dropping to 0.1110.

This high-to-low spread represents a total annual volatility of 0.0063 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1129 to the December average rate of 0.1162, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1173 was up 1.11% compared to the 2016 peak of 0.1161, 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 587 BHD
2016 Average 559 BHD
Yearly Trough Low 555 BHD
Transaction Impact: A difference of 31.65 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1167
0.1126
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 0.1151, compared to 0.1162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1151
H2 Avg (Jul–Dec) 0.1162

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0061 BHD (High: 0.1173 / Low: 0.1111). On the other end, July was the most stable month, with a tight range of 0.0010 BHD (High: 0.1167 / Low: 0.1157).

November Spread (Volatile) ±0.0061
July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and August, 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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1163) against the same month in 2016 (average: 0.1132), the exchange rate shifted by +0.0032 (+2.81%).

2017 Avg (August) 0.1163
2016 Avg (August) 0.1132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1151 0.1110 0.1129
February 0.1164 0.1146 0.1157
March 0.1163 0.1143 0.1155
April 0.1165 0.1155 0.1160
May 0.1162 0.1145 0.1152
June 0.1163 0.1146 0.1155
July 0.1167 0.1157 0.1162
August 0.1173 0.1155 0.1163
September 0.1168 0.1153 0.1162
October 0.1167 0.1153 0.1160
November 0.1173 0.1111 0.1163
December 0.1167 0.1146 0.1162