YEARLY HIGH
18.4570 BOB
YEARLY LOW
18.2125 BOB
YEARLY AVERAGE
18.3426 BOB

2024 BHD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 18.4570. Conversely, the yearly low was recorded on August 25, dropping to 18.2125.

This high-to-low spread represents a total annual volatility of 0.2444 BOB. From a start-to-finish perspective, comparing the January average rate of 18.3301 to the December average rate of 18.3308, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.4570 was down 0.49% compared to the 2023 peak of 18.5483, 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 92,285 BOB
2023 Average 91,654 BOB
Yearly Trough Low 91,063 BOB
Transaction Impact: A difference of 1,222.11 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.3633
18.3271
JanuMarcMayJulySeptNove

BHD to BOB 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 18.3409, compared to 18.3443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 18.3409
H2 Avg (Jul–Dec) 18.3443

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2019 BOB (High: 18.4549 / Low: 18.2530). On the other end, July was the most stable month, with a tight range of 0.0398 BOB (High: 18.3463 / Low: 18.3064).

November Spread (Volatile) ±0.2019
July Spread (Stable) ±0.0398

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0295 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 18.3595) against the same month in 2023 (average: 18.3405), the exchange rate shifted by +0.0191 (+0.10%).

2024 Avg (April) 18.3595
2023 Avg (April) 18.3405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3594 18.3007 18.3301
February 18.4066 18.2967 18.3407
March 18.4033 18.2529 18.3375
April 18.4570 18.3052 18.3595
May 18.3795 18.3058 18.3381
June 18.3962 18.3071 18.3395
July 18.3463 18.3064 18.3330
August 18.3882 18.2125 18.3338
September 18.4159 18.2902 18.3495
October 18.4192 18.3172 18.3587
November 18.4549 18.2530 18.3603
December 18.3836 18.2630 18.3308