2024 BHD to CVE Historical Review

YEARLY HIGH

281.7205 CVE

YEARLY LOW

261.7070 CVE

YEARLY AVERAGE

270.6981 CVE

2024 BHD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 281.7205. Conversely, the yearly low was recorded on August 25, dropping to 261.7070.

This high-to-low spread represents a total annual volatility of 20.0135 CVE. From a start-to-finish perspective, comparing the January average rate of 268.3345 to the December average rate of 279.1779, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 281.7205 was up 0.72% compared to the 2023 peak of 279.6975, 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 1,408,603 CVE

2023 Average 1,354,542 CVE

Yearly Trough Low 1,308,535 CVE

Transaction Impact: A difference of 100,067.54 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

280.7168

262.2502

JanuMarcMayJulySeptNove

BHD to CVE 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 270.8415, compared to 270.5546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2869 points.

H1 Avg (Jan–Jun) 270.8415

H2 Avg (Jul–Dec) 270.5546

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 12.4807 CVE (High: 281.0896 / Low: 268.6090). On the other end, September was the most stable month, with a tight range of 3.4579 CVE (High: 265.5382 / Low: 262.0803).

November Spread (Volatile) ±12.4807

September Spread (Stable) ±3.4579

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 3.5056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.5056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 279.1779) against the same month in 2023 (average: 268.3144), the exchange rate shifted by +10.8635 (+4.05%).

2024 Avg (December) 279.1779

2023 Avg (December) 268.3144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	270.2864	264.1714	268.3345
February	273.3337	269.6788	271.3561
March	271.7471	267.3397	269.5221
April	275.5466	269.3094	272.5197
May	275.1798	269.0048	271.1421
June	274.4840	268.7926	272.1745
July	273.4096	267.6026	269.8789
August	272.3070	261.7070	266.3733
September	265.5382	262.0803	263.7891
October	271.5053	263.9504	268.7705
November	281.0896	268.6090	275.3379
December	281.7205	276.2202	279.1779