YEARLY HIGH
19.3133 HRK
YEARLY LOW
17.8620 HRK
YEARLY AVERAGE
18.4849 HRK

2024 BHD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 19.3133. Conversely, the yearly low was recorded on August 23, dropping to 17.8620.

This high-to-low spread represents a total annual volatility of 1.4513 HRK. From a start-to-finish perspective, comparing the January average rate of 18.3272 to the December average rate of 19.0885, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.3133 was up 1.16% compared to the 2023 peak of 19.0919, 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 96,566 HRK
2023 Average 92,441 HRK
Yearly Trough Low 89,310 HRK
Transaction Impact: A difference of 7,256.36 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.1970
17.8947
JanuMarcMayJulySeptNove

BHD to HRK 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 18.4962, compared to 18.4737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 18.4962
H2 Avg (Jul–Dec) 18.4737

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.9044 HRK (High: 19.1948 / Low: 18.2904). On the other end, February was the most stable month, with a tight range of 0.2896 HRK (High: 18.6685 / Low: 18.3789).

November Spread (Volatile) ±0.9044
February Spread (Stable) ±0.2896

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.2742 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.0885) against the same month in 2023 (average: 18.3015), the exchange rate shifted by +0.7870 (+4.30%).

2024 Avg (December) 19.0885
2023 Avg (December) 18.3015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.4981 18.0649 18.3272
February 18.6685 18.3789 18.5221
March 18.5580 18.2522 18.4022
April 18.8244 18.4007 18.6466
May 18.6471 18.3542 18.4961
June 18.7202 18.3323 18.5830
July 18.6188 18.2738 18.4258
August 18.5305 17.8620 18.1516
September 18.1576 17.8664 18.0033
October 18.5384 18.0668 18.3491
November 19.1948 18.2904 18.8238
December 19.3133 18.8888 19.0885