YEARLY HIGH
0.0284 BHD
YEARLY LOW
0.0241 BHD
YEARLY AVERAGE
0.0261 BHD

2019 ZAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0284. Conversely, the yearly low was recorded on August 25, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0043 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0273 to the December average rate of 0.0262, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0284 was down 12.95% compared to the 2018 peak of 0.0326, 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 1,421 BHD
2018 Average 1,433 BHD
Yearly Trough Low 1,207 BHD
Transaction Impact: A difference of 213.64 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0276
0.0246
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 0.0266, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0266
H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0026 BHD (High: 0.0284 / Low: 0.0258). On the other end, November was the most stable month, with a tight range of 0.0007 BHD (High: 0.0257 / Low: 0.0251).

January Spread (Volatile) ±0.0026
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0273) against the same month in 2018 (average: 0.0309), the exchange rate shifted by -0.0037 (-11.86%).

2019 Avg (January) 0.0273
2018 Avg (January) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0284 0.0258 0.0273
February 0.0283 0.0267 0.0273
March 0.0266 0.0258 0.0262
April 0.0271 0.0261 0.0267
May 0.0266 0.0255 0.0262
June 0.0268 0.0251 0.0259
July 0.0272 0.0263 0.0268
August 0.0258 0.0241 0.0248
September 0.0259 0.0247 0.0253
October 0.0259 0.0246 0.0253
November 0.0257 0.0251 0.0255
December 0.0269 0.0255 0.0262