YEARLY HIGH
199.8806 MZN
YEARLY LOW
147.1593 MZN
YEARLY AVERAGE
173.9868 MZN

2021 BHD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 199.8806. Conversely, the yearly low was recorded on April 18, dropping to 147.1593.

This high-to-low spread represents a total annual volatility of 52.7213 MZN. From a start-to-finish perspective, comparing the January average rate of 198.7599 to the December average rate of 169.4013, the exchange rate registered a net change of -14.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 199.8806 was up 0.32% compared to the 2020 peak of 199.2362, 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 999,403 MZN
2020 Average 920,400 MZN
Yearly Trough Low 735,796 MZN
Transaction Impact: A difference of 263,606.67 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

203.5988
152.6938
JanuMarcMayJulySeptNove

BHD to MZN 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 178.8181, compared to 169.1556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.6626 points.

H1 Avg (Jan–Jun) 178.8181
H2 Avg (Jul–Dec) 169.1556

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 30.7067 MZN (High: 177.8660 / Low: 147.1593). On the other end, October was the most stable month, with a tight range of 0.3692 MZN (High: 169.5189 / Low: 169.1496).

April Spread (Volatile) ±30.7067
October Spread (Stable) ±0.3692

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 33.8581 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -33.8581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 199.3567) against the same month in 2020 (average: 170.9398), the exchange rate shifted by +28.4170 (+16.62%).

2021 Avg (February) 199.3567
2020 Avg (February) 170.9398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 199.5952 197.9496 198.7599
February 199.8806 198.4878 199.3567
March 198.2849 182.1080 192.9277
April 177.8660 147.1593 159.0696
May 161.7019 152.5700 156.9359
June 168.1949 162.1007 165.8590
July 168.8853 168.3140 168.6284
August 169.2204 168.7369 168.9387
September 169.6094 169.1294 169.2846
October 169.5189 169.1496 169.3515
November 169.7229 169.2364 169.3289
December 170.3317 168.4041 169.4013