YEARLY HIGH
0.2230 BHD
YEARLY LOW
0.2202 BHD
YEARLY AVERAGE
0.2217 BHD

2024 AZN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.2230. Conversely, the yearly low was recorded on August 4, dropping to 0.2202.

This high-to-low spread represents a total annual volatility of 0.0028 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2217 to the December average rate of 0.2217, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2230 was up 0.13% compared to the 2023 peak of 0.2227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 1,115 BHD
2023 Average 1,108 BHD
Yearly Trough Low 1,101 BHD
Transaction Impact: A difference of 14.11 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2218
0.2215
JanuMarcMayJulySeptNove

AZN 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 0.2217, compared to 0.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2217
H2 Avg (Jul–Dec) 0.2217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0021 BHD (High: 0.2230 / Low: 0.2209). On the other end, October was the most stable month, with a tight range of 0.0002 BHD (High: 0.2218 / Low: 0.2216).

February Spread (Volatile) ±0.0021
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2217) against the same month in 2023 (average: 0.2216), the exchange rate shifted by +0.0001 (+0.07%).

2024 Avg (February) 0.2217
2023 Avg (February) 0.2216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2223 0.2211 0.2217
February 0.2230 0.2209 0.2217
March 0.2218 0.2208 0.2216
April 0.2227 0.2211 0.2217
May 0.2219 0.2209 0.2216
June 0.2229 0.2213 0.2217
July 0.2219 0.2212 0.2217
August 0.2218 0.2202 0.2216
September 0.2219 0.2213 0.2216
October 0.2218 0.2216 0.2217
November 0.2227 0.2208 0.2217
December 0.2220 0.2211 0.2217