YEARLY HIGH
567.6919 GYD
YEARLY LOW
551.4013 GYD
YEARLY AVERAGE
555.1994 GYD

2024 BHD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 567.6919. Conversely, the yearly low was recorded on August 25, dropping to 551.4013.

This high-to-low spread represents a total annual volatility of 16.2906 GYD. From a start-to-finish perspective, comparing the January average rate of 555.2347 to the December average rate of 554.7469, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 567.6919 was up 0.14% compared to the 2023 peak of 566.9134, 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 2,838,460 GYD
2023 Average 2,788,207 GYD
Yearly Trough Low 2,757,007 GYD
Transaction Impact: A difference of 81,453.18 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

555.6856
554.6615
JanuMarcMayJulySeptNove

BHD to GYD 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 555.2802, compared to 555.1185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1617 points.

H1 Avg (Jan–Jun) 555.2802
H2 Avg (Jul–Dec) 555.1185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 15.0601 GYD (High: 567.6919 / Low: 552.6318). On the other end, July was the most stable month, with a tight range of 1.2326 GYD (High: 555.4910 / Low: 554.2584).

March Spread (Volatile) ±15.0601
July Spread (Stable) ±1.2326

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4877 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4877

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 555.6002) against the same month in 2023 (average: 559.4092), the exchange rate shifted by -3.8089 (-0.68%).

2024 Avg (March) 555.6002
2023 Avg (March) 559.4092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 555.8607 554.0823 555.2347
February 557.2290 553.9602 555.3219
March 567.6919 552.6318 555.6002
April 556.7851 552.7489 555.1126
May 556.2774 553.8543 555.2052
June 556.2196 554.0972 555.2068
July 555.4910 554.2584 555.0156
August 556.7333 551.4013 555.0054
September 556.5132 553.7598 555.3691
October 557.6750 554.3450 555.3858
November 557.1535 552.6277 555.1882
December 555.7980 552.9248 554.7469