YEARLY HIGH
339.2887 ETB
YEARLY LOW
148.6951 ETB
YEARLY AVERAGE
218.4315 ETB

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 1,696,443 ETB
2023 Average 726,385 ETB
Yearly Trough Low 743,476 ETB
Transaction Impact: A difference of 952,967.92 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

354.5816
131.0767
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 151.0358
H2 Avg (Jul–Dec) 285.8272

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±90.0830
February Spread (Stable) ±1.5274

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 335.9562
2023 Avg (December) 148.9385

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