2024 BHD to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 37.6718. Conversely, the yearly low was recorded on September 30, dropping to 34.5369.
This high-to-low spread represents a total annual volatility of 3.1348 BWP. From a start-to-finish perspective, comparing the January average rate of 36.0308 to the December average rate of 36.3858, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.6718 was up 2.52% compared to the 2023 peak of 36.7461, 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 BWP 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 36.2343, compared to 35.7260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5084 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 1.9059 BWP (High: 37.6701 / Low: 35.7641). On the other end, July was the most stable month, with a tight range of 0.5847 BWP (High: 36.2937 / Low: 35.7090).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.4666 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 36.4793) against the same month in 2023 (average: 34.8414), the exchange rate shifted by +1.6379 (+4.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.3857 | 35.4636 | 36.0308 |
| February | 36.6187 | 35.9288 | 36.3708 |
| March | 36.5329 | 35.8900 | 36.2585 |
| April | 37.6718 | 35.9692 | 36.4793 |
| May | 37.6701 | 35.7641 | 36.1034 |
| June | 36.5164 | 35.7534 | 36.1633 |
| July | 36.2937 | 35.7090 | 35.9521 |
| August | 36.1063 | 35.1955 | 35.6150 |
| September | 35.5856 | 34.5369 | 35.1483 |
| October | 35.6243 | 34.6068 | 35.3227 |
| November | 36.4232 | 35.2050 | 35.9319 |
| December | 37.0467 | 35.8394 | 36.3858 |