2024 BHD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 7868.2428. Conversely, the yearly low was recorded on January 13, dropping to 7551.1497.
This high-to-low spread represents a total annual volatility of 317.0931 BIF. From a start-to-finish perspective, comparing the January average rate of 7570.4925 to the December average rate of 7819.6536, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 7868.2428 was up 3.70% compared to the 2023 peak of 7587.7666, 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 BIF 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 7600.3567, compared to 7707.9310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 107.5743 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 188.2199 BIF (High: 7868.2428 / Low: 7680.0229). On the other end, July was the most stable month, with a tight range of 28.8210 BIF (High: 7651.6905 / Low: 7622.8694).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 7751.3165) against the same month in 2023 (average: 7535.2119), the exchange rate shifted by +216.1046 (+2.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7588.2600 | 7551.1497 | 7570.4925 |
| February | 7623.2456 | 7564.6956 | 7587.6436 |
| March | 7612.3071 | 7557.2236 | 7592.5567 |
| April | 7629.8417 | 7558.4915 | 7601.6757 |
| May | 7644.6665 | 7593.5449 | 7616.6666 |
| June | 7685.7760 | 7617.9024 | 7633.1053 |
| July | 7651.6905 | 7622.8694 | 7639.4705 |
| August | 7685.6720 | 7619.2206 | 7648.1461 |
| September | 7699.2604 | 7645.4456 | 7681.1691 |
| October | 7828.3535 | 7673.0040 | 7707.8306 |
| November | 7868.2428 | 7680.0229 | 7751.3165 |
| December | 7853.3747 | 7680.3897 | 7819.6536 |