2024 BHD to GNF Historical Review

YEARLY HIGH

23015.9616 GNF

YEARLY LOW

22695.0448 GNF

YEARLY AVERAGE

22852.4748 GNF

2024 BHD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 23015.9616. Conversely, the yearly low was recorded on April 1, dropping to 22695.0448.

This high-to-low spread represents a total annual volatility of 320.9167 GNF. From a start-to-finish perspective, comparing the January average rate of 22803.7866 to the December average rate of 22895.3902, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23015.9616 was down 1.54% compared to the 2023 peak of 23376.2784, 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 115,079,808 GNF

2023 Average 114,355,432 GNF

Yearly Trough Low 113,475,224 GNF

Transaction Impact: A difference of 1,604,583.74 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22948.1376

22775.9331

JanuMarcMayJulySeptNove

BHD to GNF 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 22810.8716, compared to 22894.0781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 83.2066 points.

H1 Avg (Jan–Jun) 22810.8716

H2 Avg (Jul–Dec) 22894.0781

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 201.3191 GNF (High: 22963.7845 / Low: 22762.4654). On the other end, September was the most stable month, with a tight range of 82.7641 GNF (High: 22975.0912 / Low: 22892.3271).

August Spread (Volatile) ±201.3191

September Spread (Stable) ±82.7641

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 26.9775 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -26.9775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 22918.2558) against the same month in 2023 (average: 22814.3795), the exchange rate shifted by +103.8763 (+0.46%).

2024 Avg (October) 22918.2558

2023 Avg (October) 22814.3795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22877.1052	22750.6987	22803.7866
February	22967.1370	22794.9904	22824.1956
March	22866.6682	22702.5303	22806.3678
April	22825.6820	22695.0448	22790.2834
May	22852.9279	22755.5926	22806.8234
June	22873.7144	22773.2794	22833.7724
July	22938.5044	22793.2421	22845.3995
August	22963.7845	22762.4654	22880.3577
September	22975.0912	22892.3271	22933.7872
October	23015.9616	22871.2212	22918.2558
November	23010.0646	22818.7133	22891.2783
December	22947.7323	22833.0187	22895.3902