2024 BHD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 339.2887. Conversely, the yearly low was recorded on January 7, dropping to 148.6951.
This high-to-low spread represents a total annual volatility of 190.5936 ETB. From a start-to-finish perspective, comparing the January average rate of 149.7021 to the December average rate of 335.9562, the exchange rate registered a net change of 124.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 339.2887 was up 126.23% compared to the 2023 peak of 149.9739, 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 ETB 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 151.0358, compared to 285.8272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 134.7914 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 90.0830 ETB (High: 299.1852 / Low: 209.1022). On the other end, February was the most stable month, with a tight range of 1.5274 ETB (High: 150.8175 / Low: 149.2901).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 335.9562) against the same month in 2023 (average: 148.9385), the exchange rate shifted by +187.0177 (+125.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 150.2691 | 148.6951 | 149.7021 |
| February | 150.8175 | 149.2901 | 150.2366 |
| March | 151.0783 | 149.4598 | 150.5666 |
| April | 152.2443 | 150.1267 | 150.9554 |
| May | 152.7201 | 151.1076 | 152.1525 |
| June | 153.4047 | 151.4751 | 152.6013 |
| July | 200.1072 | 152.0697 | 154.5826 |
| August | 299.1852 | 209.1022 | 273.2308 |
| September | 318.1017 | 293.3714 | 306.4848 |
| October | 323.6781 | 314.0374 | 319.3788 |
| November | 335.4961 | 319.0195 | 325.3299 |
| December | 339.2887 | 330.1671 | 335.9562 |