YEARLY HIGH
0.1177 BHD
YEARLY LOW
0.1110 BHD
YEARLY AVERAGE
0.1148 BHD

2018 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1177. Conversely, the yearly low was recorded on December 2, dropping to 0.1110.

This high-to-low spread represents a total annual volatility of 0.0067 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1172 to the December average rate of 0.1120, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1177 was up 0.29% compared to the 2017 peak of 0.1173, 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 588 BHD
2017 Average 578 BHD
Yearly Trough Low 555 BHD
Transaction Impact: A difference of 33.33 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1178
0.1111
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 0.1161, compared to 0.1135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1161
H2 Avg (Jul–Dec) 0.1135

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0025 BHD (High: 0.1174 / Low: 0.1150). On the other end, November was the most stable month, with a tight range of 0.0007 BHD (High: 0.1121 / Low: 0.1114).

February Spread (Volatile) ±0.0025
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.1172) against the same month in 2017 (average: 0.1129), the exchange rate shifted by +0.0043 (+3.77%).

2018 Avg (January) 0.1172
2017 Avg (January) 0.1129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1177 0.1162 0.1172
February 0.1174 0.1150 0.1160
March 0.1172 0.1152 0.1160
April 0.1173 0.1159 0.1167
May 0.1160 0.1145 0.1153
June 0.1168 0.1151 0.1156
July 0.1161 0.1153 0.1156
August 0.1157 0.1135 0.1147
September 0.1146 0.1130 0.1139
October 0.1140 0.1120 0.1131
November 0.1121 0.1114 0.1117
December 0.1129 0.1110 0.1120