YEARLY HIGH
6.1712 FJD
YEARLY LOW
5.7913 FJD
YEARLY AVERAGE
5.9696 FJD

2024 BHD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 6.1712. Conversely, the yearly low was recorded on September 30, dropping to 5.7913.

This high-to-low spread represents a total annual volatility of 0.3799 FJD. From a start-to-finish perspective, comparing the January average rate of 5.9256 to the December average rate of 6.1207, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.1712 was up 0.88% compared to the 2023 peak of 6.1171, 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 30,856 FJD
2023 Average 29,586 FJD
Yearly Trough Low 28,956 FJD
Transaction Impact: A difference of 1,899.48 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.1468
5.8343
JanuMarcMayJulySeptNove

BHD to FJD 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 5.9725, compared to 5.9666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 5.9725
H2 Avg (Jul–Dec) 5.9666

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2371 FJD (High: 6.0517 / Low: 5.8146). On the other end, June was the most stable month, with a tight range of 0.1021 FJD (High: 6.0155 / Low: 5.9134).

October Spread (Volatile) ±0.2371
June Spread (Stable) ±0.1021

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 August and September, when the average rate fell by 0.0626 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.1207) against the same month in 2023 (average: 5.8754), the exchange rate shifted by +0.2454 (+4.18%).

2024 Avg (December) 6.1207
2023 Avg (December) 5.8754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.0143 5.8084 5.9256
February 6.0347 5.9290 5.9677
March 6.0483 5.9104 5.9758
April 6.0830 5.9375 6.0125
May 6.0758 5.9079 5.9878
June 6.0155 5.9134 5.9658
July 6.0151 5.8970 5.9548
August 6.0344 5.8427 5.9229
September 5.9486 5.7913 5.8604
October 6.0517 5.8146 5.9268
November 6.0947 5.9226 6.0141
December 6.1712 6.0146 6.1207