YEARLY HIGH
7868.2428 BIF
YEARLY LOW
7551.1497 BIF
YEARLY AVERAGE
7654.1439 BIF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 39,341,214 BIF
2023 Average 33,812,809 BIF
Yearly Trough Low 37,755,748 BIF
Transaction Impact: A difference of 1,585,465.60 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7844.5697
7545.5764
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 7600.3567
H2 Avg (Jul–Dec) 7707.9310

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±188.2199
July Spread (Stable) ±28.8210

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (November) 7751.3165
2023 Avg (November) 7535.2119

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