YEARLY HIGH
135.4344 EGP
YEARLY LOW
81.5880 EGP
YEARLY AVERAGE
120.2464 EGP

2024 BHD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 135.4344. Conversely, the yearly low was recorded on January 6, dropping to 81.5880.

This high-to-low spread represents a total annual volatility of 53.8464 EGP. From a start-to-finish perspective, comparing the January average rate of 81.9537 to the December average rate of 134.1434, the exchange rate registered a net change of 63.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 135.4344 was up 63.33% compared to the 2023 peak of 82.9189, 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 677,172 EGP
2023 Average 406,707 EGP
Yearly Trough Low 407,940 EGP
Transaction Impact: A difference of 269,232.00 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

139.3624
76.7347
JanuMarcMayJulySeptNove

BHD to EGP 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 110.4383, compared to 130.0544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.6161 points.

H1 Avg (Jan–Jun) 110.4383
H2 Avg (Jul–Dec) 130.0544

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 49.5985 EGP (High: 131.4996 / Low: 81.9010). On the other end, February was the most stable month, with a tight range of 0.4563 EGP (High: 82.2931 / Low: 81.8368).

March Spread (Volatile) ±49.5985
February Spread (Stable) ±0.4563

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 1.3406 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 134.1434) against the same month in 2023 (average: 81.9490), the exchange rate shifted by +52.1944 (+63.69%).

2024 Avg (December) 134.1434
2023 Avg (December) 81.9490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 82.1577 81.5880 81.9537
February 82.2931 81.8368 82.0085
March 131.4996 81.9010 119.7521
April 128.7147 125.1303 126.8258
May 127.3318 123.7398 125.4852
June 128.3752 124.9902 126.6046
July 128.8483 127.1613 127.8417
August 131.0475 129.0211 129.8379
September 129.2157 128.0864 128.5881
October 129.8802 127.9547 128.9055
November 131.8995 129.4365 131.0098
December 135.4344 131.8768 134.1434