YEARLY HIGH
0.0284 BHD
YEARLY LOW
0.0224 BHD
YEARLY AVERAGE
0.0257 BHD

2016 ZAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0284. Conversely, the yearly low was recorded on January 18, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0060 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0272, the exchange rate registered a net change of 17.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0284 was down 14.84% compared to the 2015 peak of 0.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,420 BHD
2015 Average 1,486 BHD
Yearly Trough Low 1,118 BHD
Transaction Impact: A difference of 301.75 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0278
0.0227
JanuMarcMayJulySeptNove

ZAR 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 0.0245, compared to 0.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0269

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0027 BHD (High: 0.0266 / Low: 0.0239). On the other end, December was the most stable month, with a tight range of 0.0012 BHD (High: 0.0279 / Low: 0.0267).

May Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.0270) against the same month in 2015 (average: 0.0267), the exchange rate shifted by +0.0003 (+1.22%).

2016 Avg (November) 0.0270
2015 Avg (November) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0224 0.0232
February 0.0247 0.0233 0.0239
March 0.0255 0.0238 0.0245
April 0.0265 0.0247 0.0258
May 0.0266 0.0239 0.0247
June 0.0262 0.0241 0.0250
July 0.0271 0.0255 0.0262
August 0.0283 0.0257 0.0274
September 0.0279 0.0258 0.0268
October 0.0278 0.0264 0.0271
November 0.0284 0.0261 0.0270
December 0.0279 0.0267 0.0272