YEARLY HIGH
0.0542 BHD
YEARLY LOW
0.0227 BHD
YEARLY AVERAGE
0.0437 BHD

2021 TRY to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0542. Conversely, the yearly low was recorded on December 19, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0314 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0284, the exchange rate registered a net change of -44.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0542 was down 15.87% compared to the 2020 peak of 0.0644, 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 2,708 BHD
2020 Average 2,711 BHD
Yearly Trough Low 1,137 BHD
Transaction Impact: A difference of 1,570.71 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0556
0.0259
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 0.0480, compared to 0.0395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.0480
H2 Avg (Jul–Dec) 0.0395

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0125 BHD (High: 0.0352 / Low: 0.0227). On the other end, July was the most stable month, with a tight range of 0.0012 BHD (High: 0.0446 / Low: 0.0434).

December Spread (Volatile) ±0.0125
July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0531) against the same month in 2020 (average: 0.0621), the exchange rate shifted by -0.0091 (-14.57%).

2021 Avg (February) 0.0531
2020 Avg (February) 0.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0518 0.0504 0.0510
February 0.0542 0.0508 0.0531
March 0.0522 0.0453 0.0491
April 0.0469 0.0447 0.0461
May 0.0458 0.0439 0.0449
June 0.0449 0.0429 0.0437
July 0.0446 0.0434 0.0439
August 0.0453 0.0436 0.0445
September 0.0455 0.0422 0.0440
October 0.0426 0.0388 0.0408
November 0.0395 0.0279 0.0353
December 0.0352 0.0227 0.0284