YEARLY HIGH
0.0260 BHD
YEARLY LOW
0.0205 BHD
YEARLY AVERAGE
0.0231 BHD

2022 ZAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0260. Conversely, the yearly low was recorded on November 3, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0055 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0218, the exchange rate registered a net change of -10.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0260 was down 7.39% compared to the 2021 peak of 0.0281, 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 1,300 BHD
2021 Average 1,276 BHD
Yearly Trough Low 1,024 BHD
Transaction Impact: A difference of 276.47 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0256
0.0204
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 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0024 BHD (High: 0.0259 / Low: 0.0236). On the other end, February was the most stable month, with a tight range of 0.0008 BHD (High: 0.0251 / Low: 0.0243).

April Spread (Volatile) ±0.0024
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0252) against the same month in 2021 (average: 0.0252), the exchange rate shifted by +0.0000 (+0.17%).

2022 Avg (March) 0.0252
2021 Avg (March) 0.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0250 0.0235 0.0243
February 0.0251 0.0243 0.0247
March 0.0260 0.0244 0.0252
April 0.0259 0.0236 0.0251
May 0.0244 0.0232 0.0237
June 0.0247 0.0231 0.0238
July 0.0231 0.0220 0.0224
August 0.0233 0.0220 0.0226
September 0.0220 0.0209 0.0214
October 0.0214 0.0205 0.0208
November 0.0222 0.0205 0.0216
December 0.0223 0.0213 0.0218