2024 BHD to HKD Historical Review

YEARLY HIGH

20.8517 HKD

YEARLY LOW

20.5341 HKD

YEARLY AVERAGE

20.7061 HKD

2024 BHD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 20.8517. Conversely, the yearly low was recorded on November 10, dropping to 20.5341.

This high-to-low spread represents a total annual volatility of 0.3176 HKD. From a start-to-finish perspective, comparing the January average rate of 20.7384 to the December average rate of 20.6220, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.8517 was down 1.20% compared to the 2023 peak of 21.1041, 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 104,259 HKD

2023 Average 103,880 HKD

Yearly Trough Low 102,671 HKD

Transaction Impact: A difference of 1,587.99 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.7900

20.5990

JanuMarcMayJulySeptNove

BHD to HKD 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 20.7477, compared to 20.6645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0832 points.

H1 Avg (Jan–Jun) 20.7477

H2 Avg (Jul–Dec) 20.6645

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1938 HKD (High: 20.8250 / Low: 20.6312). On the other end, October was the most stable month, with a tight range of 0.0350 HKD (High: 20.6288 / Low: 20.5937).

February Spread (Volatile) ±0.1938

October Spread (Stable) ±0.0350

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 September and October, when the average rate fell by 0.0645 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 20.7016) against the same month in 2023 (average: 20.7575), the exchange rate shifted by -0.0559 (-0.27%).

2024 Avg (August) 20.7016

2023 Avg (August) 20.7575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.7824	20.6683	20.7384
February	20.8250	20.6312	20.7525
March	20.8237	20.7474	20.7636
April	20.8441	20.6676	20.7741
May	20.7806	20.6921	20.7308
June	20.7882	20.6163	20.7265
July	20.7603	20.7094	20.7247
August	20.8517	20.6675	20.7016
September	20.7173	20.6235	20.6794
October	20.6288	20.5937	20.6149
November	20.7251	20.5341	20.6443
December	20.6830	20.5696	20.6220