YEARLY HIGH
19.1263 DKK
YEARLY LOW
17.6812 DKK
YEARLY AVERAGE
18.2985 DKK

2024 BHD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 19.1263. Conversely, the yearly low was recorded on September 24, dropping to 17.6812.

This high-to-low spread represents a total annual volatility of 1.4452 DKK. From a start-to-finish perspective, comparing the January average rate of 18.1384 to the December average rate of 18.8958, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.1263 was up 1.21% compared to the 2023 peak of 18.8981, 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 95,632 DKK
2023 Average 91,418 DKK
Yearly Trough Low 88,406 DKK
Transaction Impact: A difference of 7,225.77 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.0029
17.7179
JanuMarcMayJulySeptNove

BHD to DKK 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 18.3080, compared to 18.2891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 18.3080
H2 Avg (Jul–Dec) 18.2891

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8996 DKK (High: 18.9979 / Low: 18.0983). On the other end, May was the most stable month, with a tight range of 0.2795 DKK (High: 18.4553 / Low: 18.1758).

November Spread (Volatile) ±0.8996
May Spread (Stable) ±0.2795

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 0.2698 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.8958) against the same month in 2023 (average: 18.1093), the exchange rate shifted by +0.7866 (+4.34%).

2024 Avg (December) 18.8958
2023 Avg (December) 18.1093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3068 17.8758 18.1384
February 18.4700 18.1830 18.3259
March 18.3707 18.0607 18.2121
April 18.6409 18.2157 18.4603
May 18.4553 18.1758 18.3137
June 18.5330 18.1467 18.3975
July 18.4311 18.0921 18.2450
August 18.3540 17.6867 17.9752
September 17.9850 17.6812 17.8250
October 18.3534 17.8851 18.1648
November 18.9979 18.0983 18.6287
December 19.1263 18.6884 18.8958