YEARLY HIGH
0.1132 BHD
YEARLY LOW
0.1061 BHD
YEARLY AVERAGE
0.1088 BHD

2020 PGK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.1132. Conversely, the yearly low was recorded on October 29, dropping to 0.1061.

This high-to-low spread represents a total annual volatility of 0.0071 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1108 to the December average rate of 0.1072, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1132 was down 15.62% compared to the 2019 peak of 0.1341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 566 BHD
2019 Average 557 BHD
Yearly Trough Low 530 BHD
Transaction Impact: A difference of 35.37 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1112
0.1068
JanuMarcMayJulySeptNove

PGK 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 0.1099, compared to 0.1077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1099
H2 Avg (Jul–Dec) 0.1077

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0039 BHD (High: 0.1132 / Low: 0.1092). On the other end, December was the most stable month, with a tight range of 0.0009 BHD (High: 0.1074 / Low: 0.1065).

February Spread (Volatile) ±0.0039
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1108) against the same month in 2019 (average: 0.1120), the exchange rate shifted by -0.0012 (-1.09%).

2020 Avg (February) 0.1108
2019 Avg (February) 0.1120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1115 0.1095 0.1108
February 0.1132 0.1092 0.1108
March 0.1110 0.1082 0.1101
April 0.1107 0.1084 0.1096
May 0.1103 0.1075 0.1090
June 0.1096 0.1083 0.1091
July 0.1102 0.1071 0.1087
August 0.1089 0.1067 0.1074
September 0.1098 0.1065 0.1079
October 0.1079 0.1061 0.1075
November 0.1076 0.1062 0.1072
December 0.1074 0.1065 0.1072