2024 BHD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 199.6257. Conversely, the yearly low was recorded on October 17, dropping to 172.6739.
This high-to-low spread represents a total annual volatility of 26.9518 AFN. From a start-to-finish perspective, comparing the January average rate of 189.7932 to the December average rate of 184.1751, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 199.6257 was down 17.75% compared to the 2023 peak of 242.7139, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BHD to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 190.5538, compared to 183.6693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.8845 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 11.6463 AFN (High: 197.2042 / Low: 185.5579). On the other end, July was the most stable month, with a tight range of 2.8092 AFN (High: 188.8618 / Low: 186.0527).
Growth Streaks & Declines
TrendsBetween June and August, 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 September and October, when the average rate fell by 6.4806 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 194.1348) against the same month in 2023 (average: 238.0252), the exchange rate shifted by -43.8904 (-18.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 197.2042 | 185.5579 | 189.7932 |
| February | 199.6257 | 191.5552 | 194.1348 |
| March | 193.7275 | 188.3176 | 191.5696 |
| April | 191.9624 | 188.7588 | 190.4346 |
| May | 191.8728 | 187.0533 | 190.2230 |
| June | 190.7441 | 184.7826 | 187.1674 |
| July | 188.8618 | 186.0527 | 187.7826 |
| August | 188.7142 | 185.7188 | 187.9751 |
| September | 188.3929 | 180.6138 | 184.4882 |
| October | 182.6445 | 172.6739 | 178.0077 |
| November | 181.4107 | 177.6971 | 179.5869 |
| December | 186.9023 | 179.0650 | 184.1751 |