2024 BGN to BHD Historical Review

YEARLY HIGH

0.2156 BHD

YEARLY LOW

0.1999 BHD

YEARLY AVERAGE

0.2085 BHD

2024 BGN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.2156. Conversely, the yearly low was recorded on December 19, dropping to 0.1999.

This high-to-low spread represents a total annual volatility of 0.0157 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2102 to the December average rate of 0.2019, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2156 was down 0.42% compared to the 2023 peak of 0.2165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,078 BHD

2023 Average 1,042 BHD

Yearly Trough Low 999 BHD

Transaction Impact: A difference of 78.46 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2152

0.2007

JanuMarcMayJulySeptNove

BGN 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 0.2083, compared to 0.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2083

H2 Avg (Jul–Dec) 0.2087

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0098 BHD (High: 0.2105 / Low: 0.2007). On the other end, February was the most stable month, with a tight range of 0.0031 BHD (High: 0.2096 / Low: 0.2065).

November Spread (Volatile) ±0.0098

February Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2123) against the same month in 2023 (average: 0.2103), the exchange rate shifted by +0.0020 (+0.94%).

2024 Avg (August) 0.2123

2023 Avg (August) 0.2103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2133	0.2086	0.2102
February	0.2096	0.2065	0.2080
March	0.2110	0.2077	0.2094
April	0.2095	0.2047	0.2067
May	0.2097	0.2057	0.2083
June	0.2100	0.2058	0.2074
July	0.2106	0.2069	0.2091
August	0.2156	0.2079	0.2123
September	0.2155	0.2122	0.2140
October	0.2133	0.2077	0.2100
November	0.2105	0.2007	0.2048
December	0.2040	0.1999	0.2019