YEARLY HIGH
0.1037 BHD
YEARLY LOW
0.0944 BHD
YEARLY AVERAGE
0.0984 BHD

2022 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.1037. Conversely, the yearly low was recorded on October 8, dropping to 0.0944.

This high-to-low spread represents a total annual volatility of 0.0093 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0968 to the December average rate of 0.0985, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1037 was down 1.19% compared to the 2021 peak of 0.1049, 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 518 BHD
2021 Average 487 BHD
Yearly Trough Low 472 BHD
Transaction Impact: A difference of 46.50 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1016
0.0943
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 0.0999, compared to 0.0970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0999
H2 Avg (Jul–Dec) 0.0970

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0055 BHD (High: 0.1037 / Low: 0.0982). On the other end, October was the most stable month, with a tight range of 0.0013 BHD (High: 0.0957 / Low: 0.0944).

April Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0013

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 June and July, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.1010) against the same month in 2021 (average: 0.1022), the exchange rate shifted by -0.0012 (-1.21%).

2022 Avg (April) 0.1010
2021 Avg (April) 0.1022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0983 0.0945 0.0968
February 0.1012 0.0974 0.0994
March 0.1018 0.0995 0.1008
April 0.1037 0.0982 0.1010
May 0.1030 0.0981 0.1005
June 0.1017 0.0995 0.1007
July 0.0985 0.0950 0.0968
August 0.0987 0.0959 0.0973
September 0.0982 0.0948 0.0970
October 0.0957 0.0944 0.0949
November 0.0990 0.0948 0.0973
December 0.0992 0.0974 0.0985