YEARLY HIGH
0.0270 BHD
YEARLY LOW
0.0196 BHD
YEARLY AVERAGE
0.0230 BHD

2020 ZAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0270. Conversely, the yearly low was recorded on April 5, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0074 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0254, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0270 was down 4.94% compared to the 2019 peak of 0.0284, 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 1,351 BHD
2019 Average 1,306 BHD
Yearly Trough Low 979 BHD
Transaction Impact: A difference of 371.46 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0268
0.0197
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 0.0228, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0228
H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0037 BHD (High: 0.0247 / Low: 0.0210). On the other end, October was the most stable month, with a tight range of 0.0007 BHD (High: 0.0233 / Low: 0.0226).

March Spread (Volatile) ±0.0037
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0262) against the same month in 2019 (average: 0.0273), the exchange rate shifted by -0.0011 (-3.98%).

2020 Avg (January) 0.0262
2019 Avg (January) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0270 0.0251 0.0262
February 0.0255 0.0241 0.0250
March 0.0247 0.0210 0.0227
April 0.0209 0.0196 0.0203
May 0.0218 0.0200 0.0208
June 0.0229 0.0217 0.0220
July 0.0230 0.0220 0.0225
August 0.0227 0.0213 0.0219
September 0.0233 0.0220 0.0226
October 0.0233 0.0226 0.0229
November 0.0249 0.0232 0.0243
December 0.0259 0.0247 0.0254