YEARLY HIGH
414.0613 JMD
YEARLY LOW
376.5214 JMD
YEARLY AVERAGE
399.5354 JMD

2021 BHD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 414.0613. Conversely, the yearly low was recorded on January 6, dropping to 376.5214.

This high-to-low spread represents a total annual volatility of 37.5399 JMD. From a start-to-finish perspective, comparing the January average rate of 382.3780 to the December average rate of 409.4857, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 414.0613 was up 3.64% compared to the 2020 peak of 399.5305, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,070,306 JMD
2020 Average 1,881,886 JMD
Yearly Trough Low 1,882,607 JMD
Transaction Impact: A difference of 187,699.27 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

415.2607
379.3887
JanuMarcMayJulySeptNove

BHD to JMD 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 394.0055, compared to 405.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0597 points.

H1 Avg (Jan–Jun) 394.0055
H2 Avg (Jul–Dec) 405.0652

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 21.8263 JMD (High: 408.4374 / Low: 386.6111). On the other end, November was the most stable month, with a tight range of 4.0846 JMD (High: 414.0613 / Low: 409.9766).

April Spread (Volatile) ±21.8263
November Spread (Stable) ±4.0846

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 August and September, when the average rate fell by 11.9395 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.9395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 412.2714) against the same month in 2020 (average: 389.7467), the exchange rate shifted by +22.5247 (+5.78%).

2021 Avg (November) 412.2714
2020 Avg (November) 389.7467

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 388.3250 376.5214 382.3780
February 401.6748 389.2060 397.2891
March 400.6520 385.4934 391.0208
April 408.4374 386.6111 396.6692
May 408.9924 394.8068 399.8774
June 399.1401 393.3319 396.7987
July 412.1886 394.4369 405.3638
August 411.2196 401.4084 408.2502
September 401.8818 390.9040 396.3107
October 409.6382 388.0708 398.7092
November 414.0613 409.9766 412.2714
December 412.6867 407.1395 409.4857