YEARLY HIGH
11959.3629 COP
YEARLY LOW
9963.5434 COP
YEARLY AVERAGE
10805.5587 COP

2024 BHD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 11959.3629. Conversely, the yearly low was recorded on April 8, dropping to 9963.5434.

This high-to-low spread represents a total annual volatility of 1995.8195 COP. From a start-to-finish perspective, comparing the January average rate of 10399.2475 to the December average rate of 11650.2729, the exchange rate registered a net change of 12.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11959.3629 was down 9.32% compared to the 2023 peak of 13188.6796, 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 59,796,815 COP
2023 Average 57,353,914 COP
Yearly Trough Low 49,817,717 COP
Transaction Impact: A difference of 9,979,097.74 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11834.3720
10109.9296
JanuMarcMayJulySeptNove

BHD to COP 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 10406.0959, compared to 11205.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 798.9257 points.

H1 Avg (Jan–Jun) 10406.0959
H2 Avg (Jul–Dec) 11205.0216

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 887.2196 COP (High: 11097.9841 / Low: 10210.7645). On the other end, February was the most stable month, with a tight range of 199.0921 COP (High: 10521.1277 / Low: 10322.0356).

June Spread (Volatile) ±887.2196
February Spread (Stable) ±199.0921

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 March and April, when the average rate fell by 92.0531 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -92.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 11690.6685) against the same month in 2023 (average: 10695.3398), the exchange rate shifted by +995.3286 (+9.31%).

2024 Avg (November) 11690.6685
2023 Avg (November) 10695.3398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10527.0158 10288.3417 10399.2475
February 10521.1277 10322.0356 10422.1190
March 10464.5724 10199.1372 10345.6862
April 10526.9932 9963.5434 10253.6331
May 10360.8728 10119.7951 10255.7574
June 11097.9841 10210.7645 10760.1319
July 10982.6195 10469.7415 10717.9021
August 11003.9591 10614.0985 10769.6952
September 11396.6768 10967.5490 11105.2705
October 11706.8371 10999.6858 11296.3204
November 11959.3629 11441.6144 11690.6685
December 11848.9396 11419.7372 11650.2729