YEARLY HIGH
0.5124 BHD
YEARLY LOW
0.4539 BHD
YEARLY AVERAGE
0.4860 BHD

2017 SHP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SHP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.5124. Conversely, the yearly low was recorded on January 15, dropping to 0.4539.

This high-to-low spread represents a total annual volatility of 0.0584 BHD. From a start-to-finish perspective, comparing the January average rate of 0.4655 to the December average rate of 0.5055, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5124 was down 9.04% compared to the 2016 peak of 0.5633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,562 BHD
2016 Average 2,554 BHD
Yearly Trough Low 2,270 BHD
Transaction Impact: A difference of 292.11 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5095
0.4613
JanuMarcMayJulySeptNove

SHP 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 0.4746, compared to 0.4973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 0.4746
H2 Avg (Jul–Dec) 0.4973

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0252 BHD (High: 0.5124 / Low: 0.4872). On the other end, December was the most stable month, with a tight range of 0.0071 BHD (High: 0.5093 / Low: 0.5021).

September Spread (Volatile) ±0.0252
December Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.5022) against the same month in 2016 (average: 0.4956), the exchange rate shifted by +0.0066 (+1.33%).

2017 Avg (September) 0.5022
2016 Avg (September) 0.4956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4764 0.4539 0.4655
February 0.4774 0.4667 0.4704
March 0.4734 0.4583 0.4653
April 0.4882 0.4667 0.4765
May 0.4916 0.4828 0.4871
June 0.4912 0.4765 0.4827
July 0.4976 0.4851 0.4907
August 0.4988 0.4825 0.4886
September 0.5124 0.4872 0.5022
October 0.5078 0.4930 0.4980
November 0.5105 0.4931 0.4990
December 0.5093 0.5021 0.5055