YEARLY HIGH
0.5364 BHD
YEARLY LOW
0.4979 BHD
YEARLY AVERAGE
0.5187 BHD

2021 SHP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.5364. Conversely, the yearly low was recorded on December 20, dropping to 0.4979.

This high-to-low spread represents a total annual volatility of 0.0384 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5144 to the December average rate of 0.5018, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5364 was up 4.06% compared to the 2020 peak of 0.5154, 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 2,682 BHD
2020 Average 2,421 BHD
Yearly Trough Low 2,490 BHD
Transaction Impact: A difference of 192.12 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5334
0.4989
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 0.5234, compared to 0.5139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.5234
H2 Avg (Jul–Dec) 0.5139

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0188 BHD (High: 0.5335 / Low: 0.5146). On the other end, January was the most stable month, with a tight range of 0.0082 BHD (High: 0.5181 / Low: 0.5098).

February Spread (Volatile) ±0.0188
January Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0090 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.5306) against the same month in 2020 (average: 0.4644), the exchange rate shifted by +0.0662 (+14.25%).

2021 Avg (May) 0.5306
2020 Avg (May) 0.4644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5181 0.5098 0.5144
February 0.5335 0.5146 0.5231
March 0.5274 0.5162 0.5225
April 0.5274 0.5167 0.5216
May 0.5364 0.5210 0.5306
June 0.5344 0.5202 0.5282
July 0.5265 0.5140 0.5208
August 0.5250 0.5130 0.5200
September 0.5226 0.5063 0.5180
October 0.5211 0.5107 0.5159
November 0.5163 0.5012 0.5069
December 0.5101 0.4979 0.5018