YEARLY HIGH
0.1049 BHD
YEARLY LOW
0.0911 BHD
YEARLY AVERAGE
0.0974 BHD

2021 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.1049. Conversely, the yearly low was recorded on October 2, dropping to 0.0911.

This high-to-low spread represents a total annual volatility of 0.0138 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1040 to the December average rate of 0.0932, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1049 was down 8.00% compared to the 2020 peak of 0.1141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 525 BHD
2020 Average 540 BHD
Yearly Trough Low 456 BHD
Transaction Impact: A difference of 69.12 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1052
0.0905
JanuMarcMayJulySeptNove

PEN 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 0.1013, compared to 0.0935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1013
H2 Avg (Jul–Dec) 0.0935

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0062 BHD (High: 0.1049 / Low: 0.0987). On the other end, February was the most stable month, with a tight range of 0.0005 BHD (High: 0.1036 / Low: 0.1031).

April Spread (Volatile) ±0.0062
February Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0037 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1022) against the same month in 2020 (average: 0.1110), the exchange rate shifted by -0.0088 (-7.96%).

2021 Avg (April) 0.1022
2020 Avg (April) 0.1110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1045 0.1034 0.1040
February 0.1036 0.1031 0.1034
March 0.1031 0.1003 0.1017
April 0.1049 0.0987 0.1022
May 0.1030 0.0979 0.1000
June 0.0986 0.0945 0.0963
July 0.0975 0.0947 0.0958
August 0.0961 0.0916 0.0924
September 0.0922 0.0912 0.0918
October 0.0962 0.0911 0.0938
November 0.0944 0.0927 0.0938
December 0.0951 0.0923 0.0932