2024 BHD to BOB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |