YEARLY HIGH
475.5217 DJF
YEARLY LOW
468.2977 DJF
YEARLY AVERAGE
471.8570 DJF

2024 BHD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 475.5217. Conversely, the yearly low was recorded on May 13, dropping to 468.2977.

This high-to-low spread represents a total annual volatility of 7.2240 DJF. From a start-to-finish perspective, comparing the January average rate of 472.0229 to the December average rate of 471.8233, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 475.5217 was down 0.56% compared to the 2023 peak of 478.1761, 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 2,377,609 DJF
2023 Average 2,359,592 DJF
Yearly Trough Low 2,341,489 DJF
Transaction Impact: A difference of 36,120.03 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

472.3071
471.4774
JanuMarcMayJulySeptNove

BHD to DJF 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 471.8343, compared to 471.8798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0455 points.

H1 Avg (Jan–Jun) 471.8343
H2 Avg (Jul–Dec) 471.8798

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 5.8874 DJF (High: 475.5217 / Low: 469.6343). On the other end, July was the most stable month, with a tight range of 1.8466 DJF (High: 472.7389 / Low: 470.8922).

June Spread (Volatile) ±5.8874
July Spread (Stable) ±1.8466

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3682 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 471.8473) against the same month in 2023 (average: 472.4102), the exchange rate shifted by -0.5630 (-0.12%).

2024 Avg (June) 471.8473
2023 Avg (June) 472.4102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 473.5075 470.4046 472.0229
February 474.2252 471.5395 472.1142
March 473.7484 470.3910 471.7624
April 473.9273 468.9552 471.6906
May 473.2357 468.2977 471.5681
June 475.5217 469.6343 471.8473
July 472.7389 470.8922 471.8856
August 473.8229 468.5870 471.5466
September 475.0351 471.2653 472.2379
October 474.6677 469.5321 471.8697
November 475.3212 470.5135 471.9157
December 473.2176 470.6257 471.8233