2024 BHD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 360.2323. Conversely, the yearly low was recorded on September 20, dropping to 350.5745.
This high-to-low spread represents a total annual volatility of 9.6578 DZD. From a start-to-finish perspective, comparing the January average rate of 356.9171 to the December average rate of 356.2755, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 360.2323 was down 1.61% compared to the 2023 peak of 366.1321, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BHD to DZD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 357.0466, compared to 354.8053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2413 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 6.7038 DZD (High: 360.2323 / Low: 353.5285). On the other end, July was the most stable month, with a tight range of 1.5481 DZD (High: 357.5129 / Low: 355.9649).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 4.6824 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 356.2755) against the same month in 2023 (average: 356.7488), the exchange rate shifted by -0.4733 (-0.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 357.6972 | 355.7644 | 356.9171 |
| February | 358.4119 | 356.0186 | 357.0976 |
| March | 357.7434 | 355.8467 | 357.0953 |
| April | 357.8416 | 355.8356 | 357.0596 |
| May | 357.8879 | 356.1407 | 356.9986 |
| June | 358.0082 | 354.9457 | 357.1116 |
| July | 357.5129 | 355.9649 | 356.6937 |
| August | 358.2651 | 354.9656 | 356.3174 |
| September | 355.2634 | 350.5745 | 351.6350 |
| October | 354.8200 | 352.2589 | 353.6650 |
| November | 356.3618 | 352.4919 | 354.2456 |
| December | 360.2323 | 353.5285 | 356.2755 |