2024 BHD to CDF Historical Review

YEARLY HIGH

7636.1420 CDF

YEARLY LOW

7057.6124 CDF

YEARLY AVERAGE

7470.5393 CDF

2024 BHD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 7636.1420. Conversely, the yearly low was recorded on January 20, dropping to 7057.6124.

This high-to-low spread represents a total annual volatility of 578.5295 CDF. From a start-to-finish perspective, comparing the January average rate of 7221.4106 to the December average rate of 7571.5536, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 7636.1420 was up 3.06% compared to the 2023 peak of 7409.2372, 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 38,180,710 CDF

2023 Average 31,008,789 CDF

Yearly Trough Low 35,288,062 CDF

Transaction Impact: A difference of 2,892,647.74 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7627.7735

7184.4685

JanuMarcMayJulySeptNove

BHD to CDF 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 7372.8729, compared to 7568.2058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 195.3329 points.

H1 Avg (Jan–Jun) 7372.8729

H2 Avg (Jul–Dec) 7568.2058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 245.2245 CDF (High: 7302.8369 / Low: 7057.6124). On the other end, February was the most stable month, with a tight range of 74.6489 CDF (High: 7351.0513 / Low: 7276.4025).

January Spread (Volatile) ±245.2245

February Spread (Stable) ±74.6489

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 19.2779 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -19.2779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 7576.0515) against the same month in 2023 (average: 6680.1495), the exchange rate shifted by +895.9020 (+13.41%).

2024 Avg (October) 7576.0515

2023 Avg (October) 6680.1495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7302.8369	7057.6124	7221.4106
February	7351.0513	7276.4025	7313.0630
March	7413.2013	7330.0266	7362.7785
April	7480.7044	7358.8545	7405.4831
May	7504.0627	7383.2885	7419.2974
June	7566.3297	7431.8924	7515.2049
July	7615.1895	7502.0876	7546.6802
August	7634.1553	7461.9576	7564.1315
September	7609.6830	7516.7474	7559.9863
October	7636.1420	7529.5224	7576.0515
November	7631.1738	7547.9964	7590.8315
December	7616.7243	7518.8745	7571.5536