YEARLY HIGH
20.7966 GTQ
YEARLY LOW
20.3637 GTQ
YEARLY AVERAGE
20.5977 GTQ

2024 BHD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 20.7966. Conversely, the yearly low was recorded on December 21, dropping to 20.3637.

This high-to-low spread represents a total annual volatility of 0.4329 GTQ. From a start-to-finish perspective, comparing the January average rate of 20.7416 to the December average rate of 20.4427, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.7966 was down 1.30% compared to the 2023 peak of 21.0714, 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 103,983 GTQ
2023 Average 103,887 GTQ
Yearly Trough Low 101,818 GTQ
Transaction Impact: A difference of 2,164.70 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.7715
20.4128
JanuMarcMayJulySeptNove

BHD to GTQ 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 20.6716, compared to 20.5238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1478 points.

H1 Avg (Jan–Jun) 20.6716
H2 Avg (Jul–Dec) 20.5238

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1968 GTQ (High: 20.6066 / Low: 20.4097). On the other end, July was the most stable month, with a tight range of 0.0658 GTQ (High: 20.6208 / Low: 20.5550).

August Spread (Volatile) ±0.1968
July Spread (Stable) ±0.0658

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0615 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 20.7234) against the same month in 2023 (average: 20.7945), the exchange rate shifted by -0.0711 (-0.34%).

2024 Avg (February) 20.7234
2023 Avg (February) 20.7945

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7766 20.6707 20.7416
February 20.7966 20.6646 20.7234
March 20.7734 20.6024 20.7002
April 20.6996 20.5843 20.6388
May 20.6504 20.5786 20.6143
June 20.6545 20.5631 20.6114
July 20.6208 20.5550 20.5922
August 20.6066 20.4097 20.5504
September 20.5751 20.4670 20.5310
October 20.6261 20.4882 20.5320
November 20.5768 20.4078 20.4947
December 20.4995 20.3637 20.4427