YEARLY HIGH
4.9969 BAM
YEARLY LOW
4.6356 BAM
YEARLY AVERAGE
4.7967 BAM

2024 BHD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 4.9969. Conversely, the yearly low was recorded on August 25, dropping to 4.6356.

This high-to-low spread represents a total annual volatility of 0.3613 BAM. From a start-to-finish perspective, comparing the January average rate of 4.7543 to the December average rate of 4.9508, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.9969 was up 0.85% compared to the 2023 peak of 4.9546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,985 BAM
2023 Average 23,990 BAM
Yearly Trough Low 23,178 BAM
Transaction Impact: A difference of 1,806.50 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.9787
4.6441
JanuMarcMayJulySeptNove

BHD to BAM 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 4.7992, compared to 4.7943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 4.7992
H2 Avg (Jul–Dec) 4.7943

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2225 BAM (High: 4.9813 / Low: 4.7588). On the other end, March was the most stable month, with a tight range of 0.0691 BAM (High: 4.8105 / Low: 4.7414).

November Spread (Volatile) ±0.2225
March Spread (Stable) ±0.0691

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0659 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 4.9508) against the same month in 2023 (average: 4.7523), the exchange rate shifted by +0.1985 (+4.18%).

2024 Avg (December) 4.9508
2023 Avg (December) 4.7523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7912 4.6857 4.7543
February 4.8448 4.7679 4.8056
March 4.8105 4.7414 4.7757
April 4.8818 4.7732 4.8341
May 4.8614 4.7727 4.8031
June 4.8568 4.7585 4.8223
July 4.8416 4.7452 4.7831
August 4.8073 4.6356 4.7172
September 4.7106 4.6357 4.6719
October 4.8127 4.6766 4.7620
November 4.9813 4.7588 4.8807
December 4.9969 4.8994 4.9508