YEARLY HIGH
0.0644 BHD
YEARLY LOW
0.0442 BHD
YEARLY AVERAGE
0.0542 BHD

2020 TRY to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0644. Conversely, the yearly low was recorded on November 7, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0201 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0636 to the December average rate of 0.0490, the exchange rate registered a net change of -23.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0644 was down 11.54% compared to the 2019 peak of 0.0728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 3,219 BHD
2019 Average 3,322 BHD
Yearly Trough Low 2,211 BHD
Transaction Impact: A difference of 1,007.38 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0653
0.0458
JanuMarcMayJulySeptNove

TRY 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 0.0584, compared to 0.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.0584
H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0058 BHD (High: 0.0500 / Low: 0.0442). On the other end, July was the most stable month, with a tight range of 0.0012 BHD (High: 0.0552 / Low: 0.0540).

November Spread (Volatile) ±0.0058
July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0043 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0636) against the same month in 2019 (average: 0.0704), the exchange rate shifted by -0.0067 (-9.55%).

2020 Avg (January) 0.0636
2019 Avg (January) 0.0704

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0644 0.0630 0.0636
February 0.0631 0.0604 0.0621
March 0.0619 0.0572 0.0595
April 0.0568 0.0540 0.0551
May 0.0561 0.0525 0.0546
June 0.0563 0.0550 0.0554
July 0.0552 0.0540 0.0549
August 0.0544 0.0510 0.0518
September 0.0511 0.0482 0.0500
October 0.0486 0.0452 0.0475
November 0.0500 0.0442 0.0474
December 0.0511 0.0478 0.0490