YEARLY HIGH
0.2807 BHD
YEARLY LOW
0.2530 BHD
YEARLY AVERAGE
0.2667 BHD

2021 NZD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.2807. Conversely, the yearly low was recorded on December 20, dropping to 0.2530.

This high-to-low spread represents a total annual volatility of 0.0276 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2709 to the December average rate of 0.2558, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2807 was up 3.18% compared to the 2020 peak of 0.2720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,403 BHD
2020 Average 1,227 BHD
Yearly Trough Low 1,265 BHD
Transaction Impact: A difference of 138.12 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2749
0.2541
JanuMarcMayJulySeptNove

NZD 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 0.2702, compared to 0.2631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.2702
H2 Avg (Jul–Dec) 0.2631

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0134 BHD (High: 0.2706 / Low: 0.2572). On the other end, May was the most stable month, with a tight range of 0.0046 BHD (High: 0.2746 / Low: 0.2700).

November Spread (Volatile) ±0.0134
May Spread (Stable) ±0.0046

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 November and December, when the average rate fell by 0.0084 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2732) against the same month in 2020 (average: 0.2409), the exchange rate shifted by +0.0323 (+13.39%).

2021 Avg (February) 0.2732
2020 Avg (February) 0.2409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2754 0.2670 0.2709
February 0.2807 0.2699 0.2732
March 0.2749 0.2627 0.2689
April 0.2741 0.2644 0.2685
May 0.2746 0.2700 0.2723
June 0.2734 0.2614 0.2676
July 0.2658 0.2610 0.2635
August 0.2658 0.2570 0.2630
September 0.2696 0.2591 0.2661
October 0.2713 0.2607 0.2660
November 0.2706 0.2572 0.2642
December 0.2579 0.2530 0.2558