YEARLY HIGH
0.0326 BHD
YEARLY LOW
0.0245 BHD
YEARLY AVERAGE
0.0287 BHD

2018 ZAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0326. Conversely, the yearly low was recorded on September 5, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0082 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0309 to the December average rate of 0.0264, the exchange rate registered a net change of -14.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0326 was up 6.21% compared to the 2017 peak of 0.0307, 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 1,632 BHD
2017 Average 1,418 BHD
Yearly Trough Low 1,223 BHD
Transaction Impact: A difference of 409.15 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0325
0.0250
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 0.0307, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0029 BHD (High: 0.0286 / Low: 0.0257). On the other end, March was the most stable month, with a tight range of 0.0010 BHD (High: 0.0324 / Low: 0.0314).

August Spread (Volatile) ±0.0029
March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0319) against the same month in 2017 (average: 0.0286), the exchange rate shifted by +0.0033 (+11.49%).

2018 Avg (February) 0.0319
2017 Avg (February) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0318 0.0303 0.0309
February 0.0326 0.0310 0.0319
March 0.0324 0.0314 0.0318
April 0.0319 0.0303 0.0312
May 0.0308 0.0295 0.0301
June 0.0300 0.0273 0.0285
July 0.0288 0.0274 0.0283
August 0.0286 0.0257 0.0269
September 0.0267 0.0245 0.0256
October 0.0266 0.0254 0.0259
November 0.0276 0.0261 0.0267
December 0.0275 0.0258 0.0264