YEARLY HIGH
2.5635 EUR
YEARLY LOW
2.3686 EUR
YEARLY AVERAGE
2.4528 EUR

2024 BHD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.5635. Conversely, the yearly low was recorded on August 23, dropping to 2.3686.

This high-to-low spread represents a total annual volatility of 0.1949 EUR. From a start-to-finish perspective, comparing the January average rate of 2.4318 to the December average rate of 2.5333, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5635 was up 1.18% compared to the 2023 peak of 2.5337, 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 12,818 EUR
2023 Average 12,261 EUR
Yearly Trough Low 11,843 EUR
Transaction Impact: A difference of 974.58 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5477
2.3746
JanuMarcMayJulySeptNove

BHD to EUR 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 2.4543, compared to 2.4513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 2.4543
H2 Avg (Jul–Dec) 2.4513

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1208 EUR (High: 2.5475 / Low: 2.4267). On the other end, May was the most stable month, with a tight range of 0.0384 EUR (High: 2.4746 / Low: 2.4362).

November Spread (Volatile) ±0.1208
May Spread (Stable) ±0.0384

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 0.0363 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5333) against the same month in 2023 (average: 2.4281), the exchange rate shifted by +0.1052 (+4.33%).

2024 Avg (December) 2.5333
2023 Avg (December) 2.4281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4556 2.3977 2.4318
February 2.4778 2.4393 2.4579
March 2.4631 2.4224 2.4414
April 2.4984 2.4422 2.4744
May 2.4746 2.4362 2.4544
June 2.4847 2.4330 2.4659
July 2.4711 2.4252 2.4448
August 2.4597 2.3686 2.4086
September 2.4101 2.3709 2.3890
October 2.4606 2.3979 2.4349
November 2.5475 2.4267 2.4969
December 2.5635 2.5059 2.5333